Whether the UK stays in the ETS or exits after Brexit could have major implications for carbon intensive businesses on both sides of the Channel
New analysis from Thomson Reuters' Point Carbon suggests UK exit from trading scheme could spark a surge in UK firms offloading emissions allowances
Energy experts appearing in front of BEIS select committees warn it is crucial UK remains part of European Emissions Trading System
Measures to overhaul system, including €12bn innovation fund and speedier reductions in allowances, have been approved by EU countries but must now win full backing from EU bodies
British Ceramic Confederation tells MPs UK should withdraw from EU carbon trading scheme and 'take stock' of green laws post-Brexit, but faces opposition from climate experts