Government seeks views on compensation price support for energy intensive industries

It is consulting on the risk of carbon leakage due to the indirect emission costs from the UK Emissions Trading System and carbon price support and the sectors most at risk

World Bank: Carbon pricing covers more than a fifth of global greenhouse gases

Carbon pricing instruments generate around $5bn in revenue, representing a 17% increase from last year, however, the full potential of carbon pricing ‘remains largely untapped’

MEPs call for carbon price on certain EU imports from less climate-ambitious nations

They believe this would create a global level playing field as well as an incentive for both EU and non-EU industries to decarbonise in line with the Paris climate agreement

EU emissions fall to lowest level in three decades as countries ditch coal

The drop was mainly driven by the power sector, where emissions fell by almost 15%, primarily due to coal-fired power production being replaced by electricity from renewables and gas

Wales lays draft order for UK emissions trading scheme

Its establishment ensures policy continuity when the UK leaves the EU scheme at the end of the implementation period

EU seeks views on tightening state aid rules for carbon market

The Commission has launched a consultation on the revised guidelines for emissions allowance trading post-2021, which includes reducing the number of sectors eligible for compensation

Poland taken to EU Court for not removing coal and gas tax exemptions

The Commission says Polish legislation favours highly polluting activities and does now require energy intensive businesses to improve their efficiency

Climate action: EU, Iceland and Norway agree to strengthen co-operation

Iceland and Norway intend to develop a national climate plan describing their existing and planned policies and measures

Carbon dioxide emissions
Views sought on future of UK carbon pricing post-Brexit

A joint consultation has been launched by the UK Government and the devolved administrations in Scotland, Wales and Northern Ireland

Government loans £120m to British Steel to pay EU carbon bill

It has stepped in to purchase the necessary carbon credits on behalf of the company