Yesterday (19 May) the Government confirmed a new agreement with the European Union, to support businesses and jobs.
Among other details, the Government has agreed to closer co-operation with the EU on energy, strengthening energy security and helping towards net zero goals. It will also link the UK Emissions Trading System to the EU scheme, leading to more stable prices and saving UK industry from paying EU Carbon Border Adjustment Mechanism tariffs. CO2 storage is a growth industry in the UK, so regulatory barriers are streamlined.
The agreement also means that taking pets on holiday into the EU will be easier and cheaper. Instead of needing an animal health certificate each time people travel, they will be able to instead get a multi-use pet passport valid for travel to the EU.
More information can be found on the GOV.UK website: UK-EU Summit - Explainer.
