Carbon price trends for the UK ETS 2022-2024
The price of one carbon allowance under the United Kingdom Emissions Trading Scheme (UK ETS) was 45.06 U.S. dollars per metric ton on April 1, 2024, This was roughly half of what one allowance cost a year earlier. The UK ETS launched in 2021 after the country's withdrawal from the European Union, and covers emissions from energy-intensive industries, the power generation sector, and aviation.