EU and UK set to link carbon markets in major post-Brexit deal

Euronews · Marta Pacheco · 2026-11-06 10:53 UTC

The agreement to link EU and UK carbon markets, expected to be announced at the 20 November summit, could spare manufacturers additional carbon border charges, but critics warn that closer alignment could drive up costs for British industry.

The agreement to link EU and UK carbon markets, expected to be announced at the 20 November summit, could spare manufacturers additional carbon border charges, but critics warn that closer alignment could drive up costs for British industry.

The European Union and the United Kingdom are preparing to reconnect their carbon markets, a move that could spare manufacturers on both sides of the Channel from additional carbon border charges, according to a draft document seen by Euronews.

The two sides are expected to announce the conclusion of negotiations to link their respective Emissions Trading Systems (ETS), allowing EU and British carbon allowances to be mutually recognised.

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