The Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) (No. 2) Regulations 2021
The Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 (the “Auctioning Regulations”) provide for the auctioning of allowances used in the UK Emissions Trading Scheme, which was established by the Greenhouse Gas Emissions Trading Scheme Order 2020, including for the appointment of an “auctioneer” and an “auction platform”. These Regulations amend the Auctioning Regulations, including correcting errors. The main changes are as follows:
Lifecycle
Department
Made
03 Aug 2021
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In force
25 Aug 2021
Enabling power
The Treasury, in exercise of the powers conferred by section 96 of the Finance Act 2020, makes the following Regulations.
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