VerbatimParliament, as it happens

UK Emissions Trading Scheme: EU Emissions Trading Scheme

Asked by Noah LawLabourDepartment for Energy Security and Net ZeroTabled Answered 12 February 2025UIN 29377

The question

To ask the Secretary of State for Energy Security and Net Zero, whether he has made an assessment of the potential economic impact of linking the UK and EU emissions trading schemes; and if he will make an assessment of the potential impact of linking UK and EU emissions trading schemes on (a) electricity prices, (b) energy bills, (c) carbon prices and (d) the economic climate for UK industrial investment.

Answered by Sarah Jones

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.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim