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Call for Evidence on the UK ETS (Energyst survey)
Have your say
The UK ETS launched on 1 January 2021, providing some reassurance of a smooth transition from the EU scheme for participants. The Government is also intending to go further than its EU counterpart, by aligning the UK ETS with the Net Zero goal, through reducing the cap on emissions allowances by 5% from the UK’s expected share of the EU ETS cap.
The UK ETS is continuing to offer free allowances to prevent carbon leakage and to protect UK competitiveness. However, a review of the UK ETS will aim to ensure that the scheme evolves and grows to make the most of new opportunities as well as being compatible with the UK’s climate commitments.
Therefore, it has issued a Call for Evidence on how the use of free allocations can better incentivise emissions reduction and protect energy intensive industries from carbon leakage.
We want to make sure that the views of businesses - particularly those in energy intensive industries that this will impact - are heard. Have your say in our short survey. It should take no longer than two minutes to complete.