Developing the UK Emissions Trading Scheme (UK ETS)

The UK ETS Authority are seeking input on a number of proposals to develop the UK Emissions Trading Scheme (UK ETS).

"We have committed to implementing a net zero consistent cap for the scheme, reviewing Free Allocation policy and expanding the use of emissions trading across the economy. This consultation seeks views on our proposals to meet these commitments. 

Additionally, this consultation calls for evidence on a number of potential future opportunities for scheme development, including the incorporation of greenhouse gas removal into the UK ETS, and on the monitoring, reporting and verification requirements necessary to address greenhouse gas emissions in the land use and agriculture sectors." - Department for Business, Energy and Industrial Strategy

Consultation opened 25 March 2022

Consultation closes 17 June 2022

Outcome published 31 August 2022

3 July 2023 - Added main government response and related impact assessment.

25 July 2023 - Added note on implementing legislation.