{"id":7397,"date":"2024-08-16T11:18:12","date_gmt":"2024-08-16T09:18:12","guid":{"rendered":"https:\/\/stxgroup.com\/strive\/?page_id=7397"},"modified":"2024-09-04T15:34:34","modified_gmt":"2024-09-04T13:34:34","slug":"integrating-ggrs-in-the-uk-ets-update","status":"publish","type":"page","link":"https:\/\/stxgroup.com\/strive\/publications\/integrating-ggrs-in-the-uk-ets-update\/","title":{"rendered":"Integrating GGRs in the UK ETS Update"},"content":{"rendered":"\r\n
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Integrating Greenhouse Gas Removals into the UK Emissions Trading System (UK ETS)\r\n\r\nUK government considering engineered and nature-based removals credits for compliance with the UK ETS<\/strong><\/h1>\r\n <\/div>\r\n <\/section>\r\n \n\n\n
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The UK government has announced plans to\u00a0integrate Greenhouse Gas Removals (GGRs) into the UK Emissions Trading Scheme (UK ETS).<\/strong>\u00a0Their proposal, which recently went through a round of stakeholder consultation, aims to enhance the flexibility and effectiveness of the UK ETS, and also to provide a long-term market mechanism to\u00a0incentivize the development of more GGR projects in the UK.<\/p>\n\n\n\n

This update provides companies with a summary of the opportunities and challenges associated with this proposal, including the potential financial benefits of investing in GGRs ahead of the integration start-date.<\/p>\n<\/div>\n\n\n\n

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