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On July 3, the UK ETS Authority announced free allocation will be withdrawn from airline
operators participating in the Emissions Trading Scheme after 2026. Operators will
then be required to purchase allowances to cover their emissions fully.<p> </p><p>The
UK ETS Authority also announced that the overall number of allowances sold under the
Emissions Trading Scheme will fall to be on a trajectory consistent with Net Zero.
This takes the decline of free allocation to the aviation sector into account. That
means that overall, no additional revenue will be raised from removing free allocations
for airlines.</p><p> </p><p>Revenue from the sale of allowances is used to support
the Government’s wider priorities, including net zero policies.</p>
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