Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect of the border adjustment mechanism proposed by the European Parliament ENVI Committee for the EU Emissions Trading Scheme on lime manufacturers in the UK.
The use of Border Adjustment Mechanisms in the EU Emissions Trading System (ETS) could potentially have a number of serious negative effects on the world trade system. For this reason, the Government supports the provision of free allowances as the best way to protect industries from the risk of carbon leakage.