Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government has made an assessment of the effect of the UK's withdrawal from the EU on the cost of EU allowances.

The Government is considering all options for the UK’s future participation, or otherwise, in the EU Emissions Trading System after our exit from the EU. The effect on the cost of EU allowances will depend on the nature of the UK’s future relationship with the System and will be taken into account as part of this consideration.