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22/6/15 - Harmonising carbon reporting requirements for UK business

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EU Emissions Trading System
The EU Emissions Trading System (EU ETS) began on 1 January 2005 and its second phase which ran until 2012. Phase III started on 1 January 2013.

EU Member States set emissions caps for all installations covered by the System. The number of allowances allocated to each installation for a phase is set out in National Allocation Plans produced by each Member State.

Further information about the EU ETS is available from the GOV.UK website - click here