This Act amended the Finance Act 2021 regarding the plastic packaging tax. Amendments aim to clarify rules and make administrative changes, including on record keeping and the management of responsibilities by groups.
These regulations amended the Greenhouse Gas Emissions Trading Scheme Order 2020.
Enforcement powers and administration rules under the UK ETS were updated to ensure this regime functions as intended.
This order allows financial assistance to be offered for further environmental purposes.
Assistance may be made available for schemes, programmes or organisations assessing greenhouse gas emissions from land, biodiversity supported by land or land soil quality and the potential for improvements.
Forthcoming amendments by these regulations will extend the list of generators eligible for Contracts for Difference (CfDs).
Carbon capture, utilisation and storage will be brought into the scheme, as will carbon capture and storage systems retrofitted to existing electricity generating stations.
This Regulation amended Annex XIV (the 'authorisation list') under the REACH Regulation.
Five substances were added to the authorisation list, with a common sunset date for the final use or manufacture without authorisation of 1 May 2025. These substances include tetraethyllead, DOTE and RP-HP.
The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 came into force on 6 April 2022.
These regulations require a range of larger companies to undertake climate-related financial disclosures alongside their strategic reports for each financial year. Reporting duties are aligned to the Taskforce on Climate-related Financial Disclosures (TCFD) standard.
Disclosures in line with the TCFD standard are required for any financial year that begins on or after 6 April 2022.