PARLIAMENTARY WRITTEN QUESTION
(9 December 2024)
Question Asked
Asked by:
Joe Morris (Labour)
Answer
The Government is working cohesively to address carbon leakage risk across international and domestic actions.
The UK’s current main measure to address carbon leakage is free allocation under the UK Emissions Trading Scheme (ETS), which is under review by the UK ETS Authority. The government is additionally introducing a Carbon Border Adjustment Mechanism on 1 January 2027, developing voluntary product standards and an embodied emissions reporting framework, and working to address carbon leakage risk internationally through existing fora such as the Climate Club and World Trade Organisation.
Answered by:
()
1 January 1970
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