Tag: ETS

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Announcement from the Treasury and Rt Hon Jeremy Hunt MP……. The UK is to implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive. (The EU is introducing its CBAM in 2026). imports of iron, steel, aluminium, ceramics and cement from overseas will face a comparable carbon price to those goods…

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At the November CCL UK national meeting we had an informative talk by Molly Scott Cato, the Green Party’s Finance and Economic spokesperson. Molly explained the background to the Green Party’s carbon pricing policy, which currently comes closest to the Climate Income policy advocated by Citizens’ Climate Lobby UK.* Molly explained that the EU would…

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At the end of July, on the same day that it reported on the Government granting over 100 new North Sea oil and gas licences, Carbon Brief Daily reported on the Financial Times front page article titled..”Britain makes it cheaper to pollute by watering down carbon market scheme”…….“Whitehall recently quietly announced changes to the UK’s…

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The report on the Net Zero consultation, Mission Zero-Independent Review of Net Zero authored by Chris Skidmore, has been published. The consultation received about 1800 responses including a formal response from CCL UK and 31 responses from individual members. Possibly contrary to the expectations of the commissioners of the consultation, participants felt that moving to…

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The current fuel crisis is creating problems for governments in the UK and Europe. The conundrum is based on the combination of underlying energy costs, environmental taxation, poverty alleviation and climate policy all overlapping in a non-aligned mix. Finding a solution that keeps advocates of each policy and it’s raison d’etre supportive is challenging. Here…

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Making fossil fuels more expensive can look like a difficult and unpopular decision for the government to have to make, but it will be necessary if we are to get rid of the worst offenders of greenhouse gas emissions and fix climate chaos. At our September 2020 monthly online meeting, Josh Burke (London School of…

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This would replace the EU’s Emissions Trading System (ETS), which we’re due to leave at the end of this year when the transition period ends. Full details can be found on the government website.