EU Emissions Trading Scheme
The question
To ask the Secretary of State for Energy Security and Net Zero, whether an agreement to link the UK and EU Emissions Trading Schemes will be in place before the EU’s Carbon Border Adjustment Mechanism comes into force on 1 January 2026.
Answered by Michael Shanks
At the UK-EU Summit on 19 May, both sides agreed in the Common Understanding to work towards establishing a link between their respective carbon markets by way of an agreement linking the United Kingdom Emission Trading Scheme (UK ETS) and the European Union Emission Trading System (EU ETS).
The UK is looking to secure a linking agreement with the European Union as fast as is feasible. We are taking forward preparations at pace and look forward to beginning negotiations.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →