questionText: To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of purchasing Emissions Trading Scheme permits in the secondary market on the cost to businesses.
answerText: The price of carbon allowances in the UK Emissions Trading Scheme is set by the market. A market-determined price of carbon is the most efficient way to decarbonise the traded sector. The UK ETS Authority sets the scheme’s cap, which sets a limit on the v...
heading: UK Emissions Trading Scheme