Subject	Predicate	Object
wg2iEWeh	a	Resource
		Answer
		Written answer
	answer has question	TZqxmPx9
	answer has answering person	Nusrat Munir Ul-Ghani
	answer text	<p>The Government remains committed to a decarbonised and competitive steel sector. Industrial sectors (including steel) have been able to bid into Government competitive funds worth more than £1 billion to support them to cut emissions and become more energy efficient.</p><p>Additionally, UK Emissions Trading Scheme industrial participants, including in the steel sector, receive free allocations, mitigating the risk of carbon leakage. Free allocations are guaranteed at current levels until 2026, and we are reviewing how to target support to most at risk sectors thereafter. In March, the Government also published a consultation considering a range of potential policy measures to mitigate future carbon leakage risk and ensure UK industry has the optimal policy environment to decarbonise.</p>
	answer given date	2023-05-02
	answer has answering body	Department for Business and Trade
	written answer has answering body	Department for Business and Trade
Department for Business and Trade	answering body has written answer	wg2iEWeh
Department for Business and Trade	answering body has answer	wg2iEWeh
TZqxmPx9	question has answer	wg2iEWeh
Nusrat Munir Ul-Ghani	answering person has answer	wg2iEWeh