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Brexit delay leaves carbon emitters with uncertainty

The Brexit delay has left carbon emitters, including power generators, with uncertainty over multimillion-pound emissions payments.

The uncertainty arises because it is not clear whether UK companies will take part in the EU Emissions Trading Scheme (EU ETS) in future.

This was among the issues raised by Iwan Hughes, head of policy and regulation strategy at VPI Immingham, in a recent interview with New Power Report. “We don’t know what the cost of carbon is,” Hughes said.

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