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European Union › Emissions Trading System › United Kingdom

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
White & Case LLP

Upcoming Revisions to EU Carbon Pricing and UK Linkage

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On 19 May 2025, the UK and the EU announced plans to link the EU Emissions Trading System ("ETS") with the UK ETS. Concurrently, the European Commission is preparing for a review of the EU ETS slated for 2026 by launching a...more

Latham & Watkins LLP

Unpacking the UK-EU Deal: What Lies Ahead for Energy and Carbon Markets?

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The agreement promises to unlock market and investment opportunities and facilitate greater UK-EU collaboration....more

A&O Shearman

The UK gives the green light to a UK CBAM and consults on the UK ETS

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The UK has finally confirmed that it will be following the EU and introducing its own Carbon Border Adjustment Mechanism (CBAM) to be implemented by 2027. It published the eagerly awaited outcome of its consultation on...more

Latham & Watkins LLP

UK Navigates Post-Brexit Challenges in the Environmental Regulatory Landscape

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The triggering of the CCM under the UK ETS and ongoing consultations under UK Reach signal speedbumps in the transition process. On 30 November 2021, the UK government’s Department of Business, Energy and Industrial...more

Akin Gump Strauss Hauer & Feld LLP

Developments in Emissions Trading in the U.K. and EU

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As the delegates of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP26) return from two hard weeks in Glasgow, significant progress has been made on establishing...more

MoFo Life Sciences

UK’S New Emissions Trading Scheme Hosts First Auctions

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On January 1, 2021, the UK launched its very own emissions trading scheme (the “UK ETS”) exercising its autonomy since departing the EU. Under this scheme, companies operating in certain sectors can trade emission allowances...more

Hogan Lovells

Securities and markets regulatory news, March 2021 # 3

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UK Emissions Trading Scheme: Revised draft Recognised Auction Platforms (Amendment and Miscellaneous Provisions) Regulations 2021 - A revised draft version of the Recognised Auction Platforms (Amendment and Miscellaneous...more

BCLP

Carbon pricing in the UK/Europe: ETS and CORSIA developments

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Operators in the aviation sector and the ‘stationary sectors’ (power generation, energy intensive industries, etc.) should note that the environmental regulatory framework for carbon pricing and emissions trading in the...more

BCLP

Brexit, Aviation and the EU ETS

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The start of 2019 has been marked by headlines highlighting the impact that Brexit is having on (amongst many other things) UK airlines. Regional airlines have been particularly affected by the uncertainty created by Brexit...more

Latham & Watkins LLP

How Will Brexit Impact Environmental and Energy Law?

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Following the recent UK referendum result, attention is now turning to the legal implications for specific policy areas. While the overwhelming majority of the UK’s environmental legislation is derived from EU...more

Latham & Watkins LLP

Private Equity Goes Green

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In December 2015, world leaders met to negotiate the Paris Agreement. Setting aside whether the Paris Agreement goes too far, not far enough or is just right, one cannot dispute that government commitments to limit an...more

Latham & Watkins LLP

What Does COP-21 Mean for Business?

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6 Answers From Around the Globe - The historic COP-21 Paris Agreement on climate change is the first major development in the climate area at the international level since adoption of the Kyoto Protocol in 1997. ...more

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