DESNZ launched a consultation on behalf of the UK ETS Authority, seeking views on integrating greenhouse gas removals in the UK Emissions Trading Scheme. This consultation ran from 23 May 2024 to 15 August 2024.
DEZNZ has published the UK ETS Authority response, which sets out further detail on the design of the UK ETS market for greenhouse gas removals (GGRs). This includes how GGRs will be integrated into the scheme and the safeguards that will apply.
Source: DESNZ.