UK-ETS carbon pricing in the United Kingdom 2022-2023
In previous years the UK participated in the EU-ETS, but replaced this system with the UK-ETS in January 2021 following the country's exit from the EU. UK-ETS carbon prices hit a high of 97.75 British pounds per metric ton on August 19, 2022. That year, UK-ETS revenue was 4.3 billion British pounds.