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khQ96Opt
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Resource
Answer
Written answer
answer has question
SzZfEHmo
answer has answering person
Amanda Jane Solloway
answer text
<p>The UK ETS Authority is committed to protect our industry, including those in Wales, from carbon leakage as our economy decarbonises which is why we give free allocations to businesses at risk of carbon leakage under the UK ETS.</p><p> </p><p>We have guaranteed free allocations at current levels until 2026 and are now consulting on changes to better target free allocations at sectors most at risk of carbon leakage from 2026 whilst maintaining their decarbonisation incentive.</p><p> </p><p>A Carbon Border Adjustment Mechanism will also be introduced by 2027 and will work cohesively with the UK ETS to mitigate the risk of carbon leakage.</p>
answer given date
answer has answering body
Department for Energy Security and Net Zero
written answer has answering body
Department for Energy Security and Net Zero
Department for Energy Security and Net Zero
answering body has written answer
khQ96Opt
answering body has answer
khQ96Opt
SzZfEHmo
question has answer
khQ96Opt
Amanda Jane Solloway
answering person has answer
khQ96Opt