Business, Innovation and Skills written question – answered at on 11 February 2013.
To ask the Secretary of State for Business, Innovation and Skills what assessment he has made of the amount of compensation that will be available to energy-intensive industries in other EU member states for indirect costs associated with Phase III of the EU Emissions Trading System (ETS); and what comparative assessment he has made of the UK's proposed compensation for EU ETS indirect costs and that of other EU member states.
We are very aware of the importance of understanding the differential between the UK and other member states and are seeking to minimise the impact on the competitiveness of UK-based companies. We keep this under review and published last year an assessment of the difference in policy costs between the UK and various other countries. We understand that not all EU member states are intending to compensate their energy intensive industries for the indirect costs for the EU Emissions Trading System and those that will are still developing their proposals and have not published details.
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