The UK's Emissions Trading Scheme Authority has announced that it's going to include greenhouse gas removals (GGRs) into its Emissions Trading Scheme (ETS), allowing the use of carbon removals for companies to address hard-to-abate emissions to meet their allowances under the industrial GHG emissions reduction system.
Launched in 2021 to replace the UK’s participation in the EU’s Emissions Trading System, the UK ETS sets a limit on greenhouse gas (GHG) emissions for key GHG intensive sectors, which decreases over time to motivate companies to lower emissions in line with sector climate goals, with companies obtaining allowances for every ton of emissions the produce each year.
https://www.esgtoday.com/uk-to-allow-use-of-carbon-removals-in-emissions-trading-system/