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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what analysis his Department is undertaking of alternative options for regulating sectors covered by the EU Emissions Trading System after the UK leaves the EU; and whether that work includes analysis of the cost implications of alternative options for the affected sectors.

The Department is considering the UK’s future participation in the EU Emissions Trading System as part of delivering a wider settlement that is in the best interests of the UK, including those sectors directly involved in the System. There are a wide range of issues and options to consider, and we are assessing these carefully and in consultation with stakeholders.