UK Emissions Trading Scheme: Difference between revisions

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==Context==
==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. 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'/>.


==Background==
==Background==