What is the duration for the implementation of the UK ETS?
Only Phase 1 of the UK ETS has been announced as of now and it is slated to run from 2021 to 2030, with two full system reviews.
Key Dates:
Brexit: 31st December 2020
First UK ETS Monitoring Period: 2021
EU ETS 2020 Compliance for UK Operators: 31st March 2021
UK ETS 2021 Deadline: 31st March 2022
First UK ETS Review: 2023-2026
Second UK ETS Review: 2028-2031
End of UK ETS Phase 1: 2030