UK Emissions Trading Scheme: Shipping
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment she has made of whether the administrative costs of extending the UK Emissions Trading Scheme to domestic maritime represent value for money relative to the expected abatement investment, as set out in the Impact Assessment.
Answered by Chris McDonald
The Government’s Impact Assessment explains that the aggregate administrative cost of extending the United Kingdom Emissions Trading Scheme to domestic maritime appears high because including all at berth emissions brings a large number of operators into scope, including those whose activity is predominantly international. The assessment shows that the administrative cost per operator is modest and reflects the need to onboard all operators in the first phase of maritime inclusion. The Net Present Social Value remains positive, and the policy is assessed as value for money.
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