cover image: IDRIC Policy News Update - December 2023 Content: UK Government

20.500.12592/9cnpb90

IDRIC Policy News Update - December 2023 Content: UK Government

9 Jan 2024

• Working with industry and wider stakeholders to consider the strategic direction for CO₂ transport networks, including developing an understanding of the degree of strategic co- ordination needed and the role of the FSO. [...] Policy paper on long-term pathway for the UK Emissions Trading Scheme published Department for Energy Security and Net Zero 18th December 2023 In response to a recommendation in the “Mission Zero”, the Independent Review of Net Zero published earlier this year, the UK ETS Authority has published a policy paper setting out steps the government intends to take to develop a long term pathway for the. [...] In the paper, the UK ETS Authority confirmed their intention to legislate for the UK ETS to continue until at least 2050, and to extend the next phase of the UK ETS to align with the dates of UK Carbon Budgets. [...] The paper also outlined an intention to include methane and nitrous oxide emissions from upstream oil and gas within the scheme, to review the definition of safety flaring, and to continue exploring expansion of the scheme to more sectors of the economy. [...] It sets out the next steps in the government’s vision for the strategic development of hydrogen T&S in the UK and the role of the Future System Operator in strategic infrastructure planning.

Authors

Ferrier, John R

Pages
7
Published in
United Kingdom