Treasury written question – answered at on 2 December 2022.
To ask the Chancellor of the Exchequer, pursuant to the Answer of 14 November 2022 to Question 80673 on Taxation: Carbon Emissions, whether the consultation on a potential carbon border adjustment mechanism will be carried out alongside a review of the carbon price support mechanism.
The Government is exploring a range of policies that could potentially mitigate future risk of carbon leakage. The government committed to consult on this, as the FST set out on 16th May 2022 in a written ministerial statement, and will now do that in the spring.
As the Chancellor announced in the Autumn Statement, the government will also engage with industry and conduct a review of the Carbon Price Support beyond 2024-25.
Yes0 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.