*Post-Brexit, businesses in the UK are paying 10% more than EU businesses on carbon emissions, amid rising energy bills as the government disagreed with linking the UK’s carbon market biggest European market. *Businesses need to buy tradeable permits to cover their carbon emissions to meet the net zero emissions target and clean up their operations. * While experts say linking the UK’s carbon market to the EU market will offer a better solution, ministers aim to reduce carbon prices before the 18th of January, which may reduce some of the price pressure. *While over a third of those surveyed said they would shift their business operations elsewhere within the next two years to avoid these problems.
Posted by The Staff at the NSBO Office:
NSBO, Charter House, 33 Fore Street, Cullompton, EX15 1JS, Devon