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UK commits to emissions trading scheme over carbon tax
14 December 2020The UK government has opted to launch its own emissions trading scheme (ETS) next month, instead of a carbon tax, and has said it will be more ambitious than the EU-run scheme it will replace.
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Emissions trading schemes hit by coronavirus pandemic
26 March 2020Emissions trading schemes (ETS) have been seriously impacted by the coronavirus epidemic, which has slashed demand for carbon credits, and raised the prospect that policymakers may have to intervene to shore up prices.
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UK government hearing expresses doubt over carbon credits resolution
13 March 2020Carbon market experts were gloomy about the prospects of resolving challenges to building a global market for offsets at the next UN climate talks.