Topical Questions

Part of International Trade – in the House of Commons on 15th July 2021.

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Photo of Greg Hands Greg Hands The Minister of State, Department for International Trade

We are following developments on the EU carbon border adjustment mechanism closely. The UK has ambitious carbon pricing through our emissions trading scheme and carbon price support mechanism, and we expect the EU CBAM to take account of that in its implementation. The COP President-designate, my right hon. Friend Alok Sharma, has said that he does not anticipate carbon border adjustment mechanisms becoming an issue within the COP26 negotiations.