UK Emissions Trading Scheme (ETS) Future Markets Policy

The UK Emissions Trading Scheme (UK ETS) Authority (UK Government, Scottish Government, Welsh Government and the Department of Agriculture, Environment and Rural Affairs for Northern Ireland) is seeking input on a number of proposals to develop future markets policy. The Authority is reviewing ETS markets policy to ensure that it remains fit for purpose and is effective in managing the risks faced by an established and maturing scheme. This will help to maintain stable and effective market conditions that will continue to incentivise decarbonisation in the traded sector. This consultation seeks views on: Whether the Authority has identified the most significant risks to effective market functioning; The suitability of different policy options to address the risks identified; and How individual market stability policies should be designed to most effectively address market risks while minimising intervention and disruption in the mar