Integrating Greenhouse Gas Removals in the UK Emissions Trading Scheme
Overview
The UK Emissions Trading Scheme (UK ETS) Authority (UK Government, Scottish Government, Welsh Government and the Department of Agriculture, Environment and Rural Affairs for Northern Ireland, hereinafter ‘the Authority’) is seeking input on the integration of greenhouse gas removals (GGRs) in the UK ETS.
This follows a commitment made in July 2023 to consult on proposals regarding the integration of engineered Greenhouse Gas Removals (GGRs) into the UK ETS and consideration of high quality nature-based GGRs, subject to further work to consider the range of potential issues raised regarding permanence, costs and wider land management impacts.
The consultation proposes options and/or seeks views on:
- Principles for policy design when integrating GGRs into the UK ETS
- Cap policy options
- Allowance design for GGRs
- Permanence of carbon storage
- Pathways to integration
Read the consultation document and analytical annex on GOV.UK.
Audiences
- Charities and Third Sector organisations
- Large businesses (over 250 staff)
- Legal representative
- Low carbon technologies
- Medium business (50 to 250 staff)
- Micro business (up to 9 staff)
- Multinational businesses
- Non-departmental public bodies
- Non-Government Organisations
- Regulator
- Science Policy organisations and thinktanks
- Small business (10 to 49 staff)
- SMEs (small and medium businesses)
- The Devolved Administrations
- Thinktanks
- Trade bodies
Interests
- Carbon budgets
- Carbon markets
- Climate change
- Competitiveness
- Effectiveness
- Efficiency
- Emissions
- Energy and climate change
- Energy and climate change
- Growth
- Investment
- Productivity
- Regulation
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