Government support for marine renewables
A debate has been scheduled in Westminster Hall for 9.30am on Wednesday 7 December on government support for marine renewables. The debate will be opened by Alistair Carmichael MP.
Documents to download
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The UK Emissions Trading Scheme (185 KB , PDF)
The Four administrations announced in June 2020 that they would be introducing a UK ETS to replace the EU ETS after the UK left the EU. This was following a consultation and recommendations from the Climate Change Committee.
The UK government and the devolved administrations collectively constitute the UK ETS Authority to oversee the UK ETS. The UK ETS, a cap and trade emissions scheme, is of similar design and has similar aims to the EU ETS. However, it will have a 5% reduction in the emissions cap that would have been set under that scheme. In addition, the aim is to align it with the UK 2050 net zero target by 2024 at the latest. Further details of the UK ETS were provided in the Industrial Decarbonisation Strategy published in March 2021. The Government also announced the first auction of allowances would take place in May 2021.
The UK and EU Trade and Cooperation Agreement committed both parties to explore options for linking their schemes but does not go further.
Documents to download
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The UK Emissions Trading Scheme (185 KB , PDF)
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Sustainability of burning trees for energy generation in the UK
A Westminster Hall debate has been scheduled for Tuesday 6 December at 9.30am on the sustainability of burning trees for energy generation in the UK. The subject for the debate has been chosen by the Backbench Business Committee, and the debate will be opened by Selaine Saxby MP.
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Taxation of North Sea oil and gas
This Library briefing gives an overview of how the profits from North Sea oil and gas production are taxed, and how the fiscal regime has been reformed in recent years.
