Alongside this week’s Budget Statement, HM Revenue and Customs published a proposal for a UK Carbon Emissions Tax to be implemented if a ‘no-deal’ Brexit results in the UK ceasing to participate in the EU Emissions Trading System (EU ETS). If introduced, the new tax is aimed at supporting “the UK’s strong environmental signals and contributing towards the UK meeting its legally binding carbon reduction targets after EU exit”. However, the proposed Carbon Emissions Tax would apply to stationary installations only, excluding the proportion of UK aviation emissions currently covered by the EU ETS.

Read more at: Aviation Environment Federation

Allow Us To To Remove The Hassle and Worry Of The EU Emissions Trading Scheme (Aviation EU ETS). Contact Us Today HERE