Carbon pricing

  • Press Releases

    Cornwall Insight comments on the launch of the UK ETS scheme

    The first auction for the UK Emissions Trading Scheme (UK ETS) was held last week on 19 May 2021, between 12:00-14:00, hosted by the Intercontinental Exchange (ICE). The auction cleared at £43.99/t, providing a total carbon price of £61.99/t. Following the launch of the first UK Allowance (UKA) auction, Laura...

  • Media Mentions

    Ends Report | UK emissions trading scheme ‘could face rapid price spike’

    Laura Woolsey Analyst at Cornwall Insight commented on the UK emissions trading scheme UK ETS in Ends report. Laura discussed the concerns that the cost of the UK’s carbon emissions trading allowances could increase dramatically when auctions begin and possibly requiring government intervention. The UK has initially set its emissions...

  • Media Mentions

    S&P Global | UK plan for post-Brexit carbon pricing sticks closely to EU emissions system

    S&P Global featured Tom Edwards' comments on the UK's plan for carbon pricing after the UK leaves the EU in January 2021. Following a yearlong consultation on the future of carbon pricing after Brexit, the government said that it proposed to set up a U.K.-wide Emissions Trading System, or ETS, with...

  • Press Releases

    Cornwall Insight comments on the effects of Coronavirus causing drop in oil price

    Commenting on the effects of Coronavirus on the global oil price Joe Camish, Analyst at Cornwall Insight, said: “As a result of travel bans escalating and social restrictions imposed due to the Coronavirus worldwide, there has been a sharp fall in global oil demand. This has seen Brent crude oil...

  • Press Releases

    Brexit considerations for the energy sector

    Since the Supreme Court ruling on the prorogation of Parliament and MPs arriving back in Westminster, attention has been re-focused on the UK’s departure from the European Union. The country is being told to get prepared for Brexit on the 31 October, and businesses are trying to navigate what it...