UK Emissions Trading Scheme: Difference between revisions

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[[Category:Legislation & Policy]] [[Category:Economics]]

A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded but a consultation was undertaken in 2022 to determine whether to include such activity<ref name='ref1'>https://www.gov.uk/government/consultations/developing-the-uk-emissions-trading-scheme-uk-ets</ref>.

A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded but a consultation was undertaken in 2022 to determine whether to include such activity<ref name='ref1'>https://www.gov.uk/government/consultations/developing-the-uk-emissions-trading-scheme-uk-ets</ref> with the main responses published on the 3rd July 2023 indicating an intention to include Energy from Waste from 2028, with further consultation on the implications by the end of 2023.

==Context==

A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021<ref>https://www.gov.uk/government/publications/uk-emissions-trading-scheme-markets/uk-emissions-trading-scheme-markets</ref>. Under the Ireland/Northern Ireland Protocol, electricity generators in [[wikipedia:Northern Ireland|Northern Ireland]] remained within the [[wikipedia:EU ETS|EU ETS]]. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded, but a consultation was undertaken in 2022 to include such activity<ref name = 'ref1'/>.

A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021<ref>https://www.gov.uk/government/publications/uk-emissions-trading-scheme-markets/uk-emissions-trading-scheme-markets</ref>. Under the Ireland/Northern Ireland Protocol, electricity generators in [[wikipedia:Northern Ireland|Northern Ireland]] remained within the [[wikipedia:EU ETS|EU ETS]]. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded, but a consultation was undertaken in 2022 to include such activity<ref name = 'ref1'/> with the main responses published on the 3rd July 2023 indicating an intention to include Energy from Waste from 2028, with further consultation on the implications by the end of 2023..

==Background==

@@ Line 1: / Line 1: @@
 [[Category:Legislation & Policy]] [[Category:Economics]]
-A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded but a consultation was undertaken in 2022 to determine whether to include such activity<ref name='ref1'>https://www.gov.uk/government/consultations/developing-the-uk-emissions-trading-scheme-uk-ets</ref>.
+A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded but a consultation was undertaken in 2022 to determine whether to include such activity<ref name='ref1'>https://www.gov.uk/government/consultations/developing-the-uk-emissions-trading-scheme-uk-ets</ref> with the main responses published on the 3rd July 2023 indicating an intention to include Energy from Waste from 2028, with further consultation on the implications by the end of 2023.
 ==Context==
-A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021<ref>https://www.gov.uk/government/publications/uk-emissions-trading-scheme-markets/uk-emissions-trading-scheme-markets</ref>. Under the Ireland/Northern Ireland Protocol, electricity generators in [[wikipedia:Northern Ireland|Northern Ireland]] remained within the [[wikipedia:EU ETS|EU ETS]]. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded, but a consultation was undertaken in 2022 to include such activity<ref name = 'ref1'/>.
+A [[UK Emissions Trading Scheme]] ([[UK ETS]]) is the [[wikipedia:Carbon emission trading| carbon emission trading]] scheme of the [[wikipedia:United Kingdom|UK]]. It is based on a [[wikipedia: Emissions trading|cap and trade]] principle and replaced the UK’s participation in the [[wikipedia:EU ETS|EU ETS]] on 1 January 2021<ref>https://www.gov.uk/government/publications/uk-emissions-trading-scheme-markets/uk-emissions-trading-scheme-markets</ref>. Under the Ireland/Northern Ireland Protocol, electricity generators in [[wikipedia:Northern Ireland|Northern Ireland]] remained within the [[wikipedia:EU ETS|EU ETS]]. The [[incineration]] of [[Hazardous Waste|hazardous waste]] and [[Municipal Solid Waste|municipal waste]] is presently excluded, but a consultation was undertaken in 2022 to include such activity<ref name = 'ref1'/> with the main responses published on the 3rd July 2023 indicating an intention to include Energy from Waste from 2028, with further consultation on the implications by the end of 2023..
 ==Background==