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
24 March 2025
Indian E&P company wants to take domestic production to a new horizon, given the amount of unexplored opportunities
21 March 2025
Two recent developments raise the prospect of a revival in northern Iraqi oil and gas fortunes, but familiar obstacles could thwart momentum
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
20 March 2025
Tariffs, sanctions and trade conflicts are upending the oil market, impacting crude differentials and shipping rates and creating uncertainty
