Westminster Energy, Environment & Transport Forum

For booking-related queries or information on speaking please email us at info@forumsupport.co.uk, or contact us: +44 (0)1344 864796.

Next steps for the UK Emissions Trading Scheme

Morning, Monday, 22nd April 2024


This conference focuses on the UK Emission Trading Scheme (UK ETS).


Delegates will discuss next steps for UK ETS implementation and maximising its effectiveness as a key constituent of the UK’s net zero strategy.


It will be an opportunity to discuss priorities for policy and addressing challenges for industry, including plans to expand the UK ETS to incorporate domestic shipping and energy from waste.


Key stakeholders and policymakers will examine issues for market design, risk identification, and the Auction Reserve Price, as the Government considers responses to the UK ETS: Future Markets Policy and Free Allocation Review.


They will also discuss competitiveness in key UK industries, in the context of the Free Allocation Review, with DESNZ seeking views on plans to identify and reduce carbon leakage, and to implement better plans for free allocation of emissions allowances.                                       


Further sessions will explore implications of the forthcoming Carbon Border Adjustment Mechanism (CBAM) expected in the UK by 2027, and the EU CBAM taking effect in 2026, which will bring in tariffs on carbon-intensive imports.


It will also be an opportunity to assess recommendations for improving the efficacy of the UK ETS and mitigating potential negative impacts emerging from market developments and external policies such as the EU CBAM. We expect discussion on linking and collaborating with other emissions trading schemes around the world to support UK industry.


We are pleased to be able to include keynote sessions with: Charlie Lewis, Deputy Director, Emissions Trading, DESNZ; Nicholas Thurston, Industrial Decarbonisation and Market Mechanisms Manager, Environment Agency; Bridget Beals, Head of Decarbonisation, Climate and Nature, KPMG; and Professor Simone Borghesi, Director, Climate Research Group, Florence School of Regulation.


The conference will be an opportunity for stakeholders to consider the issues alongside key policy officials who are due to attend from CCC; CCS; DAERA, NI; DBT; Defra; Department for the Economy, NI; DESNZ; DfT; DLUHC; DWP; EA; GLD; HSE; Isle of Man Government; MCA; Natural Resources Wales; NIC; NIEA; OBR; UKIB; The Scottish Government; and the Welsh Government - as well as parliamentary pass-holders from the House of Commons.



Keynote Speakers

Professor Simone Borghesi

Director, Climate Research Group, Florence School of Regulation

Nicholas Thurston

Industrial Decarbonisation and Market Mechanisms Manager, Environment Agency

Bridget Beals

Head of Decarbonisation, Climate and Nature, KPMG

Keynote Speakers

Bridget Beals

Head of Decarbonisation, Climate and Nature, KPMG

Professor Simone Borghesi

Director, Climate Research Group, Florence School of Regulation

Nicholas Thurston

Industrial Decarbonisation and Market Mechanisms Manager, Environment Agency

Charlie Lewis

Deputy Director, Emissions Trading, Department for Energy Security and Net Zero

Speakers

Jacob Hayler

Executive Director, Environmental Services Association

Dr Danial Sturge

Carbon Policy Practice Manager, Energy Systems Catapult

Robert Birch

Senior Policy Executive, Energy UK

Councillor Clyde Loakes

Chair, North London Waste Authority

Joel Davis

Senior Consultant, NERA Economic Consulting