The Minister for Energy and Clean Growth (Claire Perry)

The Government remain committed to meeting their target to reduce their greenhouse gas emissions by at least 80% by the year 2050, relative to 1990 levels. The UK also remains strongly committed to achieving the climate goals of the Paris agreement. This includes our commitment to carbon pricing as an emissions reduction tool, supporting a level playing field across the EU, while ensuring energy and trade-intensive businesses are appropriately protected from any detrimental impacts on competitiveness.

Our participation in the EU ETS has shown the benefits of carbon pricing, which gives emitters a choice to reduce their emissions where it is economic to do so, achieving our environmental goals in the least-cost way to society. The EU ETS covers around 1,000 installations and approximately 140 aircraft operators in the UK. Across the EU ETS, the scheme covers around 45% of the EU’s greenhouse gas emissions.

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