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Written question asked by Baroness Hayter of Kentish Town (Labour) on Thursday, 19 October 2017, in the House of Lords. It was due for an answer on Thursday, 2 November 2017. It was answered by Lord Prior of Brampton (Conservative) on Thursday, 26 October 2017 on behalf of the Department for Business, Energy and Industrial Strategy.

EU Emissions Trading Scheme

Question

To ask Her Majesty's Government what steps they are taking to avoid penalties for non-compliance being levied against UK operators in the event that the UK exits the EU Emissions Trading System before the end of phase 3 of the system in 2020.

Answer

The Government is considering carefully the potential impacts of a wide range of EU Exit scenarios relating to the EU ETS, both on the system itself and on UK operators covered by the system. This includes consideration of the risks that a mid-Phase exit of the EU ETS could present for UK operators.

To ensure a smooth transition and avoid a cliff edge on withdrawal, the UK has proposed to the EU an implementation period of about two years where we would continue to have access to each other’s markets on current terms. We are calling for this to be agreed as early as possible to provide clarity.

Secondary information

Type
Written question
Reference
HL2267
Session
2017-19
Grouped for answer
Yes
Subjects
EU emissions trading scheme Brexit
Link
View this Written question on www.parliament.uk