UK successfully auctions four million carbon allowances

James S Murray
clock • 3 min read

But analysts divided over whether €16.15 price should have been higher

The UK today took a significant step towards its eventual goal of auctioning all carbon allowances to a raft of industries covered by the EU emissions trading scheme, with the completion of the first carbon...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

 'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025

'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025

New data from Sylvera shows increased activity and a continuing market shift towards higher quality and compliance grade carbon credits

clock 02 July 2025 • 5 min read
NAO warns 'uncertainties' could undermine future effectiveness of UK ETS

NAO warns 'uncertainties' could undermine future effectiveness of UK ETS

Greater policy and price certainty needed to ensure effectiveness of UK’s Emissions Trading Scheme (NAO)

Michael Holder
clock 30 June 2025 • 3 min read
The UK Emissions Trading Scheme: Vitally important but often overlooked

The UK Emissions Trading Scheme: Vitally important but often overlooked

The government must be clear on the contribution it expects different interventions - including the ETS - to make as part of its overall plan for net zero, writes Simon Bittlestone from the National Audit Office

Simon Bittlestone, National Audit Office (NAO)
clock 30 June 2025 • 4 min read