‘Cutting it fine’: What would a UK emissions trading system look like?

The government’s plan to replace the EU emissions trading system remains sketchy and could be scrapped entirely in favour of a carbon tax. Gareth Simkins looks at what might materialise before the transition period ends.

by Gareth Simkins
Intervention in the UK's carbon markets has almost eliminated coal-fired generation, largely in favour of gas. Photograph: Construction Photography/Avalon/Getty Images
Intervention in the UK's carbon markets has almost eliminated coal-fired generation, largely in favour of gas. Photograph: Construction Photography/Avalon/Getty Images

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