With the announcement of UK elections, the Conservative government is expected to be replaced by Labour. Labour’s agenda is expected to be more ambitious on climate and more EU-friendly. For the UK ETS, this news is bullish as linking with the EU ETS is viewed as more likely under a new government, encouraging price convergence and eliminating CBAM risk.
Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.