SEPA has published a consultation on proposed Greenhouse Gas Emissions Trading Scheme (EU ETS) charges for 2007/08. EU ETS charges are currently set out in The Greenhouse Gas Emissions Trading Scheme Regulations 2005 (Statutory Instrument 2005 No. 925) (”the Regulations”). These charges apply across the UK. Powers to replace the charges have been set in the Regulations and SEPA proposes to replace these UK charges with similar fixed charges in a new SEPA EU Emissions Charging Scheme.

SEPA regulates the emissions trading scheme in Scotland and from 1 April 2007 proposes to:

- implement a new EU Emissions Trading charging scheme in Scotland
- increase the majority of charges by 2.3%
- increase variation and transfer charges by 67% from £240 to £400

Any written comments on the scheme should be received by 9 February 2007. Further information is available from: http://www.sepa.org.uk/pdf/consultation/current/eu_ets/consultation_letter.pdf

Source: www.sepa.org.uk (accessed 04/12/06)

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