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May 8, 2024

Expanding UK ETS to cover heating and road transport fuels could cut domestic emissions by a quarter

Afternoon rush hour and bank holiday traffic building up on M6 motorway through Cheshire
The report by the GRI and the Energy Systems Catapult reckons that adding heating and road transport to the ETS, with a high carbon price of £80 per tonne of CO₂, could cut emissions by up to 26 per cent (Photo: Christopher Furlong/Getty Images)

Proceeds from the UK Emissions Trading Scheme could also be redistributed to households, especially lower income, the Grantham Research Institute on Climate Change and the Environment suggests

Including heating and road transport fuels in the UK’s Emissions Trading Scheme could reduce UK greenhouse emissions by a quarter, says the Grantham Research Institute on Climate Change and the Environment think-tank.

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