Under the terms of the withdrawal agreement, the UK will remain in the EU Emissions Trading System (EU ETS) until 31 December 2020.

The UK has made clear it is open to considering a link between any future UK ETS and the EU ETS.

However, if a link cannot be agreed, the UK will implement either an unlinked UK ETS or the carbon emissions tax from 1 January 2021.

Read more at: Accountancy Daily

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