UK Carbon Price Soars 8% as London Agrees to Link Emissions Trading With EU ...Middle East

The UK’s benchmark carbon price surged by more than 8% on Monday after the UK and the EU agreed to link their emission trading systems in the first major reset of trade relations since Brexit. The UK’s government announced on Monday that the UK has secured a new agreement with the EU post Brexit, which will include “closer co-operation on emissions through linking our respective Emissions Trading Systems.” This, the UK government says, will improve the UK’s energy security and avoid businesses being hit by the EU’s…

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