The Authority have decided to reset the UK ETS cap for 2021-2030 to make the UK ETS consistent with UK’s trajectory towards Net Zero by 2050.
Starting in 2024, the regulatory body has made the decision to set a cap on aircraft operators' free allocation entitlement. The maximum entitlement will be restricted to 100% verified emissions. Any surplus-free allowances allocated to operators beyond this cap will be returned to the regulatory authority.