UK carbon price tops £50 as domestic Emissions Trading Scheme debuts

Michael Holder
clock • 7 min read
Pembroke gas power station is one of the UK's biggest emitting sites
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Pembroke gas power station is one of the UK's biggest emitting sites

Trading of carbon allowances on UK's post-Brexit carbon market begin today with prices initially above those on the EU's ETS

The UK carbon price exceeded £50 per tonne this morning as trading on the new post-Brexit domestic Emissions Trading Scheme (ETS) began for the first time today, signalling significant costs may lie ahead...

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