UK government to introduce Finance Bill 2020 Set to include UK carbon market, carbon tax legislation UK ETS could include cost containment, auction reserve price The UK government is set to introduce legislation on a domestic carbon market and carbon taxation policy March 19, according to government documents. The UK will stay in the EU Emissions Trading System until the end of 2020, with the government wanting a domestic carbon market in place by January 1, 2021. The UK’s spring budget of March 11 set out the government’s plan to legislate for a UK ETS and carbon tax policy to be included in its Finance Bill 2020. This bill will be introduced March 19, according to UK parliament documents. A source close to the UK Treasury confirmed Thursday that the March 19 Finance Bill would include […]