Good Business

U.K. Government Split Over Carbon Market After Brexit

  • Treasury wants carbon tax to replace Emissions Trading System
  • Business department is creating a U.K. cap and trade market
Rishi SunakPhotographer: Simon Dawson/Bloomberg
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U.K. Chancellor Rishi Sunak’s Treasury is locked in a battle with Alok Sharma’s Business Department over how to ensure polluters pay for their emissions after Brexit.