Lords press Minister for answers on carbon pricing post-Brexit
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 last month.
During the session, the Minister was asked to provide an update on the Government's plan for replacing the EU Emissions Trading Scheme (EU ETS) after Brexit, to help ensure the UK continues to reduce its greenhouse gas emissions.
The Committee has now written to the Minister, asking for further detail and clarification. The letter addresses both a ‘deal' scenario, in which the UK establishes a domestic ETS and seeks to link it to the EU ETS, and a ‘no deal' scenario, in which the Government intends to implement a Carbon Emissions Tax. Some of the questions it asks are:
- Whether the EU-Switzerland linking arrangements are a good model for the UK
- Whether the UK would stay part of the EU ETS if the transition period extends past 2020
- How the rate of the Carbon Emissions Tax would be set
- What the Tax would mean for the Single Electricity Market on the island of Ireland and the UK's carbon budgets.
Read the full letter here.