- In the event of a no-deal Brexit, Britain would drop out of the EU Emissions Trading System (EU ETS)
- Public interest in Britain’s carbon emissions policy will surge during 2019, as a result of Brexit
- SulNOx offers a low-cost solution to reduce exhaust emissions and is engaging with large British fuel distribution companies
For the past 14 years, Britain has been part of the EU Emissions Trading System (EU ETS), which is the cornerstone of the EU’s policy to combat climate change and its key tool for reducing greenhouse gas emissions in a cost-effective way.
The UK is Europe’s 4th largest contributor to emissions. Currently, the EU ETS covers 13,000 factories, power stations, and airlines in Britain; how Brexit plays out is going to be significant.
What is the EU Emissions Trading System?
The cap-and-trade system is reducing greenhouse gases gradually across a four-phased project that runs until 2030. It promotes investment in clean, low-carbon technologies, and is the world’s first international emissions trading system.
- In 2020, emissions from sectors covered by the system will be 21% lower than in 2005
- In 2030, under the revised system, they will be 43% lower
When Britain exits the EU, it must consider its own emissions policy, but little is known about how it will operate alongside the standards set by the EU.
EU ETS carbon contracts
Under the EU ETS, companies can trade with one another, receiving or buying emission allowances as needed. The principal headache for British companies now, is that they have purchased EU compliant carbon contracts as investments, but the EU has already suspended the distribution of these contracts. This is already having a major financial impact on business.
What happens once Britain exits the EU?
Recent news demonstrates that the British people are taking the government and industry to task on this issue. Britain may have to set its own carbon emissions policy, but few details have been broadcast on what this means.
How will British companies regulate carbon emissions after Brexit?
As with so many Brexit-related issues, this is unknown, but it is possible for companies to take their own carbon emissions in hand.
- We see Britain as our initial route to market for our emissions-beating products
- We are a British company, working globally to reduce toxic greenhouse gases and protect our environment
- The unsettling landscape on home soil only gives us more impetus to share our message with fellow British companies, who need a solution to reduce their carbon emissions
69 million tonnes of petroleum products move around the UK each year. Just a small dose of our fuel conditioner will reduce harmful exhaust toxins by up to 30%, with a 60% reduction in fine particulate matter.
A small change to make a big difference
If you are a bulk distributor and/or user of stored diesel, please get in touch to find out how we can help save your business money while regulating your carbon emissions. Call +44 203 291 3638 or email firstname.lastname@example.org.
Posted Mar 28, 2019
Reproduction of this information is with kind permission from SulNOx