§ Jonathan ShawTo ask the Secretary of State for Trade and Industry what assessment she has made of the impact on industry of liability for the costs of the EU Emissions Trading scheme, with particular reference to the paper industry. [131972]
§ Mr. Timms[holding answer 14 October 2003]: We are currently working on implementing the EU Emissions Trading Scheme. We have already undertaken a draft consultation on different methodologies and a consultation is under way on draft regulations. A consultation on the draft national allocation plan will start in December 2003. Other analytical work is under way. It is not possible at present to calculate the impact on specific sectors while a number of aspects of implementation are still to be agreed and action by other member states to be finalised.