EU Emissions Trading Scheme

Department for Business, Energy and Industrial Strategy written question – answered at on 26 October 2017.

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Photo of Baroness Hayter of Kentish Town Baroness Hayter of Kentish Town Shadow Spokesperson (Business, Energy and Industrial Strategy), Shadow Spokesperson (Exiting the European Union), Shadow Deputy Leader of the House of Lords

To ask Her Majesty's Government what plans they have to provide UK operators covered by the EU Emissions Trading System with certainty on the future of the UK’s participation in the System, both for the remainder of the current phase and the upcoming phase 4, as well as on domestic carbon pricing and carbon trading policy.

Photo of Lord Prior of Brampton Lord Prior of Brampton Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

As the Clean Growth Strategy sets out, the Government is considering the UK’s future participation in the EU ETS after our exit from the EU, and we remain firmly committed to carbon pricing as an emissions reduction tool whilst ensuring energy and trade intensive businesses are appropriately protected from any detrimental impacts on competitiveness.

Whatever our future relationship with the EU, we will seek to ensure that our future approach is at least as ambitious as the existing scheme and provide a smooth transition for the relevant sectors. The UK’s commitment and leadership role in tackling climate change remains undimmed and working closely with the EU on this global challenge will remain important.

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