UK ETS Civil Penalty Amendments
Previously, the UK ETS Authority consulted on amending the civil penalties imposed under the UK Emissions Trading Scheme (ETS), which can be viewed here. The main changes the Authority proposed were: – The inclusion of a penalty relating to the failure to submit information to Regulators specified in Article 27a of the Order, and – […]
Postponing start of second UK ETS allocation period?
The UK ETS Authority is seeking opinions about the possibility of delaying the beginning of the next period. On Thursday the 26th of September, the UK ETS Authority called for a view on postponing the start of the second UK ETS allocation period. This follows on from a wider consultation reviewing free allocation policy as […]
UK ETS Authority Consultation
The UK ETS Authority published proposals on three operational changes to the scheme on the 23rd of September 2024. The UK ETS Authority has now begun seeking views on changes to the functioning of the scheme in the following areas: The publication of UK ETS Registry transaction data The disclosure of UK ETS information […]
SEPA Consultation: Emissions Trading Charging Scheme
The Scottish Environment Protection Agency (SEPA) is currently conducting a consultation regarding its Emissions Trading Charging Scheme for 2024. The suggested changes to the ETS Charging Scheme will be especially relevant for main scheme operators who are eligible for free allocation of emissions allowances, as well as participants in the Hospital and Small Emitter (HSE) […]
UK ETS – Inclusion of Greenhouse Gas Removals
In 2023 the UK ETS Authority confirmed their intention to include engineered Greenhouse Gas Removals (GGRs) in the UK ETS in the belief that it would provide an appropriate long-term market for both nature based and engineered GGRs. For details of the UK ETS Authorities response in 2023, see click here. The latest consultation, released […]
UK ETS – Inclusion of Waste Incineration Facilities
In 2023, the UK ETS Authority confirmed that waste incineration facilities (energy from waste and waste incineration) will join the UK ETS scheme in 2028. For full details, please click here. The purpose of the consultation now released on 23rd May 2024 is to provide more detail and consult on the implementation of how waste […]
UK Carbon Border Adjustment Mechanism: Have your say.
On the 21st of March 2024, HM Revenue and Customs and the HM Treasury published the consultation ‘Introduction of a UK Carbon Border Adjustment Mechanism from January 2027’. The purpose of the consultation is to seek views on the proposed design, structure and administration of the UK Carbon Border Adjustment Mechanism. Background In December […]
UK ETS Authority Civil Penalties Consultation
A UK ETS Authority Civil Penalties consultation has recently been published, which is seeking views on amendments to existing civil penalties within the scheme. Here is a summary of the proposals that are being made. 1) UK ETS Authority Civil Penalties – Amendment to Article 57 civil penalty. At present there are three penalties […]