ETS

Reports suggest UK government is prepared to align with EU Emissions Trading Scheme as part of efforts to strengthen ties with Brussels and avoid threat of carbon border levies

UK reported to be weighing up whether to link its emissions trading system with the European Union's carbon market

By not charging for greenhouse gas emissions, the UK government is handing over nearly £5m of taxpayer money to the shipping sector every day, writes Transport & Environment's UK director Anna Krajinska

BloombergNEF predicts the EU's secondary emissions trading system - known as ETS2 - could see the price of CO2 surge to almost €150 a tonne by the end of the decade

UK's Emissions Trading Scheme could be expanded from 2026 to include domestic maritime sector and non-pipeline transport of captured CO2

New analysis reveals 75 carbon pricing regimes generated $104bn last year, with more than half of revenues going towards climate and nature-related programmes

Admitting the Woodland Carbon Code into the UK-ETS would prove a 'major win' in making afforestation economically viable and boosting net zero efforts, policy paper claims

The government has confirmed plans for a Carbon Border Adjustment Mechanism alongside a flurry of changes to the UK's Emissions Trading Scheme, but concerns remain over the timetable and alignment with the EU

New analysis from Energy UK warns decline in carbon prices could impact investment in clean energy and cost Treasury billions of pounds in lost revenue

UK firms that close carbon-intensive industrial facilities can continue to sell unused carbon allowance credits thanks to 'loophole' in cap-and-trade system, Greenpeace investigative journalism unit claims