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Written question asked by Harriett Baldwin (Conservative) on Thursday, 9 July 2026, in the House of Commons. It was due for an answer on Tuesday, 14 July 2026 (named day). It was answered by Chris McDonald (Labour) on Tuesday, 14 July 2026 on behalf of the Department for Business and Trade.

Iron and Steel: Carbon Emissions

Question

To ask the Secretary of State for Business and Trade, what assessment he has made of the implications for his Department's policies of the costs of decarbonisation requirements for any steel undertaking transferred under the Steel Nationalisation Bill.

Answer

If the powers contained in the SIN bill to transfer ownership of a steel undertaking were used, a full assessment of the costs of doing so and the relevance to the public interest would be undertaken. This would include any costs arising from environmental policies pursued by the Government.

Furthermore, if a steel undertaking is nationalised, the Department has committed to publish a quarterly written ministerial statement, which may consider the impact of decarbonisation policies, where appropriate.

Secondary information

Type
Written question
Reference
17317
Session
2026-27
Subjects
Iron and steel Carbon emissions
Legislation
Steel Industry (Nationalisation) Bill 2026-27
Link
View this Written question on www.parliament.uk