Written question asked by Lord Offord of Garvel (Conservative) on Wednesday, 18 December 2024, in the House of Lords. It was due for an answer on Monday, 6 January 2025. It was answered by Lord Hunt of Kings Heath (Labour) on Friday, 27 December 2024 on behalf of the Department for Energy Security and Net Zero.
Carbon Emissions
- Question
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To ask His Majesty's Government what assumptions they use for internal modelling purposes for traded carbon values in each year up to 2030.
- Answer
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The Department for Energy Security and Net Zero’s (DESNZ) traded carbon values for modelling purposes are used to estimate the financial cost of purchasing allowances in the United Kingdom Emissions Trading Scheme (UK ETS) under different scenarios. These values are owned by DESNZ and not by the UK ETS Authority which governs the UK ETS.
The most recent set of traded carbon values for modelling purposes, for 2024, were published on the Government’s website on 17th December 2024 and are attached. The assumptions are listed on the publication.
Secondary information
- Type
- Written question
- Reference
- HL3619
- Session
- 2024-26
- Attachment
- Traded carbon values
- Subjects
- Carbon emissions
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 18:37:50 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL3619
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- In Solr
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