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ARTICLE · 06 MARCH 2019

EU ETS

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If there is a hard Brexit on 29 March 2019 the UK will no longer be able to participate in the EU ETS. The EU and the UK government have put measures in place to mitigate the impact

European UnionGovernment, Public Sector

If there is a hard Brexit on 29 March 2019 the UK will no longer be able to participate in the EU ETS. The EU and the UK government have put measures in place to mitigate the impact this could have on the scheme. Operators with a number of EU ETS installations are likely to be aware of and planning for the upcoming changes. However, businesses for which EU ETS is not a core concern (for example which have only one EU ETS installation) should consider the impact of a hard Brexit on their compliance obligations and participation in the scheme.

Before Brexit

Compliance deadlines for the 2018 compliance year have been brought forward so that they fall before the proposed Brexit date of 29 March 2019. UK operators are required to report emissions by 11 March 2019 and surrender allowances by 15 March 2019.

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