Policy paper

UK Position on Phase IV of EU ETS

The UK position on the European Commission’s proposals to reform the EU Emissions Trading System (ETS) for Phase IV (2021-2030).

• From: Department of Energy & Climate Change
• Published: 9 November 2015

This was published under the 2015 to 2016 Cameron Conservative government

Documents

The UK's position on Phase IV of EU ETS

PDF, 265 KB, 8 pages

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Details

In reforming the EU ETS, the UK supports:

• An EU ETS cap in line with the EU’s target of at least 40% domestic Greenhouse Gas emission reductions by 2030 from 1990 levels.
• A secure, liquid carbon market.
• Targeted, cost-effective and risk-based carbon leakage support.
• The minimisation of administrative burdens on operators, especially small emitters.
• Cost-effective administration of funds that support decarbonisation of the UK’s and EU’s industrial and energy sectors.

Published 9 November 2015