Pa gamau y mae Llywodraeth Cymru'n eu cymryd i sicrhau nad yw cynigion i dorri cap lwfans system masnachu allyriadau'r DU 50 y cant erbyn 2024 yn rhoi diwydiant Cymru o dan anfantais o'u chymharu â chystadleuwyr byd-eang, gan arwain at lefelau uwch o ollwng carbon?
While the UK ETS cap is set to fall sharply in 2024, the current cap is set far above the level of verified emissions expected between 2021 and 2023. This means the Authority has allowed market participants to build up hedging positions. Any potential drop in the UK ETS cap in 2024 is not expected to be matched by an immediate fall in emissions from industry. Rather the transition will allow for the gradual reduction of emissions needed to meet Wales’ own climate targets, as well as those of our partners in the UK ETS Authority.