UK's unclear post-Brexit emissions strategy
The shape of future EU carbon trading hangs in the balance
For the last 13 years, the UK has been one of the main drivers of European climate policy. A staunch proponent of market-based solutions to climate change problems, the country was the first in Europe to trial carbon trading in 2002, providing valuable lessons for the EU's own Emissions Trading System (ETS) that began in 2005. Now, however, Britain's continued participation in the world's largest carbon market is in question. It is still unclear whether UK industry will even remain part of the market through to the end of the current trading phase, which ends in December 2020, eighteen months after the UK officially leaves the EU. Beyond Brexit, there is also the question of how the UK would
Also in this section
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
