The Greenhouse Gas Emissions Trading Scheme Order 2020 No. 1265

PART 2 U.K. Basic elements of the UK ETS

CHAPTER 2 U.K. Allowances and caps

Cap for trading period U.K.

19.  The number of allowances created in the trading period may not exceed the sum of—

(a) 736,013,432 multiplied by the 2021-2025 hospital and small emitter reduction factor; and

(b) 630,152,247 multiplied by the 2026-2030 hospital and small emitter reduction factor.

Commencement Information

I1 Art. 19 in force at 12.11.2020, see art. 2(1)