British Steel: Carbon Emissions
The question
To ask the Secretary of State for Business and Trade, what was the total value of the Emission Trading Scheme/Carbon Price Support compensation paid to British Steel during 2024-2025.
Answered by Chris McDonald
For the last decade, Government has provided compensation to a small number of businesses in the most electricity intensive sectors, including steel, to lower their electricity bills and help keep them viable in the UK. In the 2024/25 financial year, approximately 140 of the most electricity intensive and trade exposed companies received support worth £142 million. The Department does not publish the details of individual awards given to companies through compensation schemes due to commercial sensitivities.
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