23 May 2025 at 05:30 am IST
The EU and UK have announced plans to link their Emissions Trading Systems (ETS), marking a major step in post-Brexit climate collaboration. The unified carbon market will enable cross-border trading, streamline carbon pricing, and reduce regulatory friction. While UK industries may face short-term price adjustments, the linkage is expected to boost efficiency, support decarbonization, and accelerate net-zero progress across both regions.