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
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
