Written Question·Department for Energy Security and Net Zero·UIN 18202

Carbon Emissions: Taxation

Tabled: 5 December 2024

Answered: 10 December 2024

Named Day

Question

Claire Coutinho

Conservative — East Surrey

To ask the Secretary of State for Energy Security and Net Zero, what estimate he has made of carbon prices in 2030.

Answer

Sarah Jones

The price of carbon allowances in the UK Emissions Trading Scheme is set by the market and not the Government. A market-determined price of carbon is the most efficient way to decarbonise the traded sector.It is the role of the UK ETS Authority to set the...

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