The Environment Agency is asking for comments on their proposed charges for recovering the costs of regulatory work to run a UK Emissions trading scheme.
Regulating emissions of greenhouse gases through an emissions trading scheme covers
about 30% of the UK’s greenhouse gases.
The Environment Agency is currently responsible for ensuring compliance and enforcement of the European Union Emissions Trading System (EU ETS) in England.
The Agency also administers the EU ETS Registry (a database hosted by the European Commission where EU ETS allowances can be transferred and surrendered) for the whole of the UK. The UK will remain in the EU ETS until 31 December 2020.
The government has not yet confirmed if a UK Emissions trading scheme or Carbon emissions tax will operate from 1 January 2021.
According to the Environment Agency, this consultation is necessary for the operation of either policy.
The new charges will take effect in England from April 2021.
This consultation closes at
More information about this consultation is available on the Environment Agency website.
