EU Emissions Trading Scheme
The question
To ask the Secretary of State for Energy Security and Net Zero, whether her Department is preparing for the UK to enter the EU Emissions Trading Scheme.
Answered by Sarah Jones
The UK has had its own standalone Emissions Trading Scheme since 2021. Under the terms of the Trade and Cooperation Agreement (TCA), the UK Government and EU agreed to give serious consideration to linking our respective carbon pricing schemes and to cooperate on carbon pricing. As part of our reset with the EU the Government continues to explore all options to improve trade and investment.
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