Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Energy and Climate Change, if she will publish the findings of the Ricardo Energy and Environment report into benchmarking for the Phase IV of the EU Emissions Trading System; and if she will make a statement.
In 2015, the Department of Energy & Climate Change commissioned Ricardo Energy and Environment and Vivid Economics to undertake a study into sectoral benchmarks used to determine levels of free allocation in the next phase of the EU Emissions Trading System (EU ETS). The study is progressing and, once complete, we will use the findings to inform EU ETS reform negotiations as well as considering publication in due course.