On Wednesday 14 March in Committee Room 4, Palace of Westminster, the EU Energy and Environment Sub-Committee will hear evidence on the implications of Brexit for the UK’s participation in the EU Emissions Trading Scheme.
The EU Emissions Trading Scheme (EU ETS) is the EU’s key tool for the cost-efficient reduction of greenhouse gas emissions, and in turn is a key part of the UK’s action to tackle climate change. The Committee will explore what impact Brexit will have on the UK’s future participation in the Scheme.
Likely areas of questioning include:
- The possibility and desirability of continuing to participate in the EU ETS
- The timing options for withdrawing from the EU ETS
- The agreement reached with the EU on managing the UK’s allowances during the withdrawal period
- The impact of losing EU ETS revenue
- The impact of taking an alternative approach to carbon pricing
For further details access the meeting on Wednesday 14th of March 2018 at 10.30am:
Impact of Brexit on EU Emissions Trading Scheme examined by Committee, published on the UK Parliament webpage on 7th of March 2018.