Border Carbon Adjustment Tariffs and Decarbonisation

Part of the debate – in the House of Commons at 5:53 pm on 16th December 2020.

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Photo of Barry Gardiner Barry Gardiner Labour, Brent North 5:53 pm, 16th December 2020

Does the Minister recognise that at the moment, £10.5 billion of public money goes from the Treasury as subsidy to fossil fuels in this country? That is more than any other country in the EU, where the average is about £6.5 billion. Therefore, if we are to go down the route suggested by Jerome Mayhew and his colleagues on the Government Benches, it is important that the UK shows good faith and does not punish other countries for what it is doing worse itself. To punish those countries for the carbon encapsulated in their industries while subsidising our own fossil fuel industries more than all the rest would seem rather ridiculous.