Participants in Britain's emissions trading scheme (ETS) have surrendered allowances covering more than 99% of emissions in 2021, the first year of the scheme's operation, the UK ETS Authority said.
As of May 1, 107,858,729 allowances have been handed in to cover total emissions in 2021 of 107,862,714 tonnes of CO2 equivalents, the authority said late on Wednesday.All participants in the UK ETS are required to surrender allowances equal to their recorded emissions for the 2021 scheme year by April 30, 2022, it added.
The less than 1% of participants who did not comply with their surrender obligations face a penalty, according to the body overseeing the scheme. The UK ETS came into effect on Jan. 1, 2021, replacing Britain's participation in the European Union's ETS. It applies to energy intensive industries, the power generation sector and aviation. The first phase of the UK ETS will run until 2030.Reporting by Nora Buli in Oslo; Editing by Edmund BlairSubscribe to our sustainability newsletter to make sense of the latest ESG trends affecting companies and governments.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Polestar Reduced Greenhouse Emissions Per Car By 6 Percent In 2021 | CarscoopsPolestar Reduced Greenhouse Emissions Per Car By 6 Percent In 2021 | Carscoops carscoops
Consulte Mais informação »
EU lawmakers back rules to share out emissions cuts, hike airlines' CO2 costsLawmakers in the European Parliament's environment committee voted on a raft of climate change policies on Tuesday, including tougher rules to ensure each country cuts greenhouse gas emissions.
Consulte Mais informação »
Cook County residents will soon be eligible for $500 a month through new programThough participants from both Chicago and the suburbs will be able to apply and participate, the majority of the participant pool will be comprised of suburban Cook County residents.
Consulte Mais informação »
It’s a Three-Peat! Jesse Palmer Will Host ‘Bachelor in Paradise’ Season 8TheBachelor and TheBachelorette host Jesse Palmer has been announced as the new host of BiP. 🌹🌴
Consulte Mais informação »
Traffic deaths surged 10.5% in 2021, the most since 2005 | AutoblogU.S. traffic deaths surged 10.5 percent in 2021, the largest jump on record and deadliest year since 2005. Crash fatalities were up in 44 states.
Consulte Mais informação »
UN Chief says the global energy system is 'broken' and warns of 'climate catastrophe'UN Secretary-General António Guterres warned that four key climate change indicators reached record highs in 2021.
Consulte Mais informação »