UK carbon trading goes solo for now
UK carbon trading goes solo for now Apr 15, 2021 11:40:am Summary The UK and the EU emissions trading schemes split at the start of the year. But there is some pressure to reunite them. by: William Powell The ending of the 11-month transition period following the UK’s formal withdrawal from the European Union early last year means it now must decide how to manage its emissions trading. A high price is necessary to pay for carbon mitigation schemes such as carbon capture and storage but the market itself needs to be orderly to ensure trade. Since January 1 there h...