questionText: To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the potential impact of aligning with the EU Emissions Trading System on the price of carbon in the UK.
answerText: The price of carbon allowances in the UK Emissions Trading Scheme is set by the market. Linking the UK and EU ETSs is expected to create a larger, more stable market, which will lower the costs of decarbonisation for UK businesses. Many industry stakehold...
heading: Carbon Emissions: Taxation