Form: A European carbon-pricing scheme and carbon-floor mechanism: apply for compensation Grant
organisation
An organisation
In context
Funding is a grant. Coverage is read from the notice itself: United Kingdom.
This is a compensation scheme for eligible organizations in a European country to claim financial support for indirect costs incurred under a national emissions-trading scheme and carbon-floor mechanism. It is designed for energy-intensive industries and large energy consumers affected by these carbon pricing policies.
About this grant
The UK Emissions Trading Scheme (UK ETS) and Carbon Price Support (CPS) mechanism are designed to reduce greenhouse gas emissions in the UK. However, the government recognises that these schemes impose particular indirect cost burdens on Energy Intensive Industries (EIIs), which can affect their competitiveness. This compensation programme provides financial relief to eligible businesses for the indirect costs they incur as a result of the UK ETS and CPS mechanism. …
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Frequently asked questions
- Who can apply for Form: A European carbon-pricing scheme and carbon-floor mechanism: apply for compensation?
- Eligibility covers organisations in GB. The full eligibility conditions are part of the Pro detail.
Relevant sectors
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