Jurisdiction(s):
United Kingdom

EU ETS Phase III in the UK: Compliance (monitoring, reporting, surrender), Enforcement and Information Notices, Civil Penalties and Appeals, with Brexit Transition Context — Archived

Published by a LexisNexis Environment expert

Practice notes

ARCHIVED: This Practice Note has been archived and is not maintained.

Originally developed in collaboration with Navraj Singh Ghaleigh, Senior Lecturer in Climate Law, University of Edinburgh.

The EU Emissions Trading System (EU ETS) is the world’s largest trading system by volume. Its core operation, legal framework, allocation rules, scope and coverage are addressed in the following Practice Notes:

Emissions trading—overview
EU ETS Directive 2003/87/EC—snapshot
EU Emissions trading system—outline
EU ETS Phase III UK implementation—legal framework, key obligations and administration [Archived]
EU ETS Phase III UK implementation—regulated activities, operators, and installations [Archived]
EU ETS Phase III UK implementation—allocation of allowances and auctioning [Archived]
When is a greenhouse gas permit required under Phase III EU ETS? [Archived]

Phase IV of the EU ETS runs from 2021 to 2030. It applies a cap on total emissions that decreases annually by 2.2%; it doubles the number of allowances placed in the market stability reserve until the end of 2023. From 2023, the amount of allowances held in the reserve is limited to the previous year’s auction volume and holdings above...

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Web page updated on 21/05/2026

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