UK y la UE entran en negociación para vincular ETS

19-05-2025

UK EU SUMMIT PACKAGE EXPLAINER

UK-EU AGREEMENT TO LINK EMISSIONS TRADING SYSTEMS (ETS)

Emissions trading is one of our most powerful tools to decarbonise industry and achieve our net zero goals. Following Brexit the UK left the EU emissions trading scheme and had to establish a separate market.

Our market is smaller and less liquid. This can make prices less stable and feed through to investment. Our separate system also means that UK industry stands to be hit by the EU Carbon Border Adjustment Mechanism on around £7bn of trade.

To avoid this we will link the UK trading scheme with the EU scheme meaning:

○ a cheaper path to net zero as part of a larger more stable market; ○ more stable prices that will support industry to invest in new technologies and jobs and decarbonise faster;

○ saving UK industry from paying EU Carbon Border Adjustment Mechanism - this could have led to UK exporters paying up to £800m into the EU budget by 2030; and

○ streamlined regulatory barriers: CO2 storage is a growth industry in the UK with enormous potential for investment and jobs. Linking systems removes disincentives for EU emitters to store CO2 in the UK, making our industry more competitive.

Nueva guía ICAP sobre vinculación ETSs: A Guide to Linking Emissions Trading Systems