The scheme sets a cap on emissions that decreases over time, aligning with the UK's Net Zero 2050 target. Starting in 2026, the waste incineration sector will be included in the UK ETS, introducing significant additional costs to businesses and individuals.
Key Impacts:
1. Increased Costs:
Businesses and councils will face higher gate fees (charges for waste incineration), which will likely be passed on to customers through higher service fees and Council Tax increases.
This pricing mechanism is designed to reduce emissions but places a financial burden on the public and businesses.
2. Market Consolidation Risks:
Larger waste management companies, often operating their own waste-to-energy (EfW) incinerators, could use their economies of scale to dominate the market.
By offering subsidized or discounted contracts to other large operators but not to smaller, family-owned businesses, they could force smaller competitors to either raise prices (making them uncompetitive) or operate at a loss.
This may lead to the elimination of smaller waste management companies, resulting in reduced competition and a near-monopoly for major players under the guise of fair trade.
Broader Implications:
The ETS could inadvertently create a less competitive market while striving for environmental goals.
Consumers and smaller businesses are likely to bear the brunt of these changes, raising concerns about the balance between economic fairness and environmental policy.
In summary, while the UK ETS aims to reduce emissions, its extension to the waste sector introduces complex challenges, including rising costs and the risk of market consolidation, potentially disadvantaging smaller operators.
Never – conspiracy theory? surely not? more like this (EfW) - link
Businesses and councils will face higher gate fees (charges for waste incineration), which will likely be passed on to customers through higher service fees and Council Tax increases.
This pricing mechanism is designed to reduce emissions but places a financial burden on the public and businesses.
2. Market Consolidation Risks:
Larger waste management companies, often operating their own waste-to-energy (EfW) incinerators, could use their economies of scale to dominate the market.
By offering subsidized or discounted contracts to other large operators but not to smaller, family-owned businesses, they could force smaller competitors to either raise prices (making them uncompetitive) or operate at a loss.
This may lead to the elimination of smaller waste management companies, resulting in reduced competition and a near-monopoly for major players under the guise of fair trade.
Broader Implications:
The ETS could inadvertently create a less competitive market while striving for environmental goals.
Consumers and smaller businesses are likely to bear the brunt of these changes, raising concerns about the balance between economic fairness and environmental policy.
In summary, while the UK ETS aims to reduce emissions, its extension to the waste sector introduces complex challenges, including rising costs and the risk of market consolidation, potentially disadvantaging smaller operators.
Never – conspiracy theory? surely not? more like this (EfW) - link
No comments:
Post a Comment