Net Zero Carbon Economy

Part of Treasury – in the House of Commons at on 1 December 2020.

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Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary, Minister for Equalities

The hon. Gentleman will know that this has been the subject of negotiations, which are still ongoing. We legislated for a UK-linked ETS as well as a carbon emissions tax, and we will be announcing shortly which of those options we will be taking. We know that a UK-linked ETS is the preferred option at the moment, and that is the one that we are currently hoping we will be able to negotiate for during this period.