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 Kwasi Kwarteng Kwasi Kwarteng The Minister of State, Department for Business, Energy and Industrial Strategy 5:53 pm, 16th December 2020

The hon. Gentleman makes a fair point. That is exactly what I was trying to say with regard to TCFD disclosures. We have to look at carbon accounting and carbon pricing in the round. It is a global market and we have to look at what we are doing on discouraging carbon-emitting behaviour in the wider context of international trade. That is a fair point.