An overview of the issues around introducing Border Carbon Adjustments in the EU
After Brexit, the UK should aim to remain within the EU ETS. If that is not possible, the UK should implement a carbon tax rather than a standalone UK ETS.
Member States have a choice about where to transfer their EU ETS allowances – this briefing shows the Modernisation Fund is best for the climate & Member States
Brexit has frozen UK participation in the ETS – we estimate that the UK government will forgo at least €1.3 billion in auction revenue this year
Hard coal emissions fell by 9% in 2018, down 40% since 2012.
Lignite emissions fell only 3% in 2018, and are now higher than hard coal emissions.