The UK and Switzerland are each planning to launch their own emissions trading systems (ETS), linked with the European Union Emissions Trading System (EU ETS), despite industry calls for a joined-up international approach under ICAO’s Carbon Offsetting and Reduction Scheme (CORSIA).
In May 2019, the UK government launched a consultation on how the UK would manage emissions trading once the UK has exited the EU (Brexit). If the UK failed to take any action, all flights to, from and within the UK would fall outside of the scope of the EU ETS once Brexit takes effect.
Read more at: ATW