The UK leaving the EU’s Emissions Trading System (ETS) would present many risks to businesses on both sides.
That’s according to a letter the International Emissions Trading Association (IETA) has written to Industry and Climate Change Minister Nick Hurd, to highlight the implications of Brexit on the ETS and wider climate policy.
The ETS is an approach to controlling pollution by making businesses pay for producing pollutants such as Carbon Dioxide.
In the letter, the IETA strongly recommends the UK continues its participation in the ETS through to at least the end of the current phase, which ends in 2020.
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