Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, how he plans to (a) evaluate and (b) report on the linking of UK and EU Emissions Trading Schemes under the Trade and Cooperation Agreement.
The Government will provide updates on negotiations where appropriate. Once any agreement is made to link the UK and EU ETS, the Government will consider the process to evaluate and report on the link consistent with the agreement reached, as well as with other reset priorities under UK-EU Trade and Cooperation Agreement.
The Government aims for negotiations to link the UK Emissions Trading Scheme (UK ETS) and EU Emissions Trading System (EU ETS) to begin as soon as possible.