Written Statement·Commons·Treasury·HCWS146
Treasury Update
18 December 2023
Gareth Davies
The Exchequer Secretary to the Treasury
Conservative
Statement
The UK is taking rapid action on industrial decarbonisation to meet net zero. This includes the use of carbon pricing through the UK Emissions Trading Scheme (UK ETS[1]). This action creates risk of carbon leakage as not all jurisdictions are moving at th...