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EU Energy and Environment Sub-Committee
Oral evidence and correspondence concluded.
Carbon pricing is designed to reduce greenhouse gas emissions by increasing the cost of emitting them. One of the main carbon pricing mechanisms in the UK is the EU Emissions Trading Scheme, but it's likely that the UK will withdraw from the EU ETS when we leave the EU. The EU Energy and Environment Sub-Committee is therefore examining the carbon pricing options the Government has suggested for both 'deal' and 'no deal' scenarios, namely a domestic ETS linked to the EU ETS, and a Carbon Emissions Tax.
Evidence given by Rt Hon Claire Perry MP, Minister of State for Energy and Clean Growth, Department for Business, Energy and Industrial Strategy; Robert Jenrick MP, Exchequer Secretary to the Treasury; Dan Osgood, Director, Heat & Emissions Trading, Department for Business, Energy and Industrial Strategy; Anne-Therese Farmer, Deputy Director Energy and Transport Tax, HM Treasury
Evidence given by Lawrence Slade, Chief Executive, Energy UK; Roz Bulleid, Head of Climate, Energy and Environment Policy, EEF
The EU Energy and Environment Sub-Committee has written to Minister the Rt Hon Claire Perry MP with further questions on carbon pricing and Brexit following her appearance before the Committee on 27 February