ETS

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

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

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

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

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

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

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

The deadline extension from the 15th of March to the 26th of March will give emitters more time to buy and surrender required carbon units

Claire Perry said this would come into effect after the end of the EU’s current ETS trading phase at the end of 2020, assuming a deal was reached

Lawrnce Slade said the carbon price support and the EU Emissions Trading System have ‘really helped’ drive investment in low carbon technologies