Consultation: charges proposal for greenhouse gas emissions
Views sought on proposed updates to charges for UK ETS, CORSIA and, the UK ETS and national registries.
The Environment Agency has launched a consultation on the updated charges proposed for United Kingdom Emissions Trading Scheme (UK ETS) customers, as well as customers of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), and charges for the UK’s Kyoto Protocol national registry (the national registry). The consultation also sets out charge proposals for areas of UK ETS expansion.
Climate change has been recognised as one of the biggest threats to current life on earth. Increased levels of atmospheric pollutants such as carbon dioxide have contributed to increased temperatures not just on land, but in the seas and oceans as well. This is contributing to rising sea levels and extremes in temperature, impacting the health of humans, animals and plants.
Part of the Environment Agency's role is to regulate these emissions through the UK ETS. This scheme places a cap on the levels of greenhouse gases that can be emitted into the atmosphere. Permits are issued to operators who qualify for the scheme. Operators must monitor and report their emissions on an annual basis, surrendering allowances equal to their emissions. UK ETS continues to expand to cover other greenhouse gas emissions from an increasing number of sectors.
The Environment Agency is seeking views on their proposed charging structure for:
- UK ETS for installations and aviation
- CORSIA
- UK ETS and national registries
- proposed UK ETS expansion to maritime activities and, energy from waste and waste incineration installations from January 2026
Find out more about the consultation and how to respond.
The consultation will close on Friday 24 January 2025.
First published 2 December 2024