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. Under the Ireland/Northern Ireland Protocol, electricity generators in [[wikipedia:Northern Ireland|Northern Ireland]] remained within the [[wikipedia:EU ETS|EU ETS]].
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. Under the Ireland/Northern Ireland Protocol, electricity generators in [[wikipedia:Northern Ireland|Northern Ireland]] remained within the [[wikipedia:EU ETS|EU ETS]].


==Background==
==Background==
The [[UK ETS]] applies to regulated activities which result in greenhouse gas emissions, including combustion of fuels on a site where combustion units with a total rated thermal input exceeding 20MW are operated (except in installations where the primary purpose is the [[incineration]] of [[Hazardous Waste|hazardous waste]] or [[Municipal Solid Waste|municipal waste]]). There are simplified provisions for hospitlas, small emitters and ultra-small emitters<ref>https://www.gov.uk/government/publications/participating-in-the-uk-ets/participating-in-the-uk-ets</ref>.
The [[UK ETS]] applies to regulated activities which result in greenhouse gas emissions, including combustion of fuels on a site where combustion units with a total rated thermal input exceeding 20MW are operated (except in installations where the primary purpose is the [[incineration]] of [[Hazardous Waste|hazardous waste]] or [[Municipal Solid Waste|municipal waste]]). There are simplified provisions for hospitals, small emitters and ultra-small emitters<ref>https://www.gov.uk/government/publications/participating-in-the-uk-ets/participating-in-the-uk-ets</ref>.


A consultation ran between March 2022 and June 2022, with a call of evidence on expanding the [[UK ETS]] to include [[incineration with energy recovery]] and [[incineration without energy recovery]] by the mid to late 2020s<ref>https://www.gov.uk/government/consultations/developing-the-uk-emissions-trading-scheme-uk-ets</ref><ref>https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1067125/developing-the-uk-ets-english.pdf</ref>.






==References==
==References==