Letter regarding the importance of linking the UK ETS with the EU ETS ahead of COP26
IIGCC joined the calls of over 40 industry bodies to urge the UK Government to start the process of linking the new UK Emissions Trading System (UK ETS) with the EU’s Emissions Trading System (EU ETS) as soon as practicable. The letter welcomes the commitment to ‘serious consideration’ which the UK and EU have given to linking their respective carbon pricing systems in the Trade and Cooperation Agreement (TCA), and sets out why linkage negotiations should begin as soon as possible. The full letter can be downloaded below.
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