"This change was largely driven by a substantial increase in UK ETS aviation emissions, consistent with a rebound in aviation activity following the COVID-19 pandemic," the authority said in a statement.
The UK ETS - a scheme to incentivise big polluters to cut emissions by forcing them to buy permits to release CO2 - replaced the UK's participation in the European Union's ETS on Jan. 1, 2021. It applies to energy intensive industries, the power generation sector and aviation. The first phase of the UK ETS will run until 2030.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ReutersScience - 🏆 559. / 51 Read more »