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Climate change agreements after Brexit

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The government has laid the Climate Change Agreements (Amendment of Agreements) (EU Exit) Regulations, SI 2018/1205, which make amendments to climate change agreements (CCAs), substituting references to relevant UK legislation in place of the EU ETS directive from the date of the UK’s exit from the EU. The CCA scheme allows a lower rate of climate change levy to be charged on supplies of energy to UK facilities covered by an agreement.

The regulations ensure that it is the Greenhouse Gas Emissions Trading Scheme Regulations, SI 2012/3038, with which UK facilities must comply to be certified as covered by a CCA after the UK has left the EU. The regulations also update references to the latest version of European Commission guidelines on state aid for rescuing and restructuring non-financial undertakings in difficulty.

Issue: 1423
Categories: News
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