Discover and read the best of Twitter Threads about #UKETS
Most recents (2)
It took a couple of weeks but we've (finally) finished reading @beisgovuk's long-awaited and extremely comprehensive consultation on developing the UK ETS.
Here are some headlines & reactions for those who don't quite have the band-width for the full 157 pages:
1/5.
Here are some headlines & reactions for those who don't quite have the band-width for the full 157 pages:
1/5.
Disappointingly, the Govt is proposing a much more piecemeal increase in the scope of the #UKETS than first mooted - with expansion limited to the domestic shipping and waste sectors only...2/5.
...bringing these sectors into the #carbonpricing system is, of course, welcome, but it represents a row-back on what was originally promised and is missed opportunity to address carbon pricing gaps in key high-emitting sectors like heat and buildings and road transport. 3/5.
📢Industrial decarbonisation strategy launched by UK Govt:
-'Expects' industry emissions to fall 2/3rds by 2035, and >90% by 2050 vs 2018
-£171m awarded to 5 H2 & CCS clusters
-20TWh of industry energy use to switch to H2, elec or bio by 2030 + 3 MtCO2 CCS gov.uk/government/new…
-'Expects' industry emissions to fall 2/3rds by 2035, and >90% by 2050 vs 2018
-£171m awarded to 5 H2 & CCS clusters
-20TWh of industry energy use to switch to H2, elec or bio by 2030 + 3 MtCO2 CCS gov.uk/government/new…
It commits to establish:
-policy to ensure uptake of fuel switching
-approach to mitigate against carbon leakage
-proposals for new low-carbon product standards
+to consider target for ore-based steel to reach near-zero emissions by 2035
Full strategy out 9:45am @RENEWIndustry
-policy to ensure uptake of fuel switching
-approach to mitigate against carbon leakage
-proposals for new low-carbon product standards
+to consider target for ore-based steel to reach near-zero emissions by 2035
Full strategy out 9:45am @RENEWIndustry
For a comparison against @theCCCuk Sixth Carbon Budget Advice recommendations on industry (roughly equivalent to @theCCCuk manufacturing + construction sector), see: theccc.org.uk/wp-content/upl… 
