Source · Select Committees · Environmental Audit Committee
Recommendation 17
17
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Pricing the carbon element, so low-carbon products become less expensive than high-carbon ones, is a...
Conclusion
Pricing the carbon element, so low-carbon products become less expensive than high-carbon ones, is a powerful lever to reduce consumption emissions, to support the development of low-carbon products and increase access to such products. Currently, high energy prices and rises in inflation are contributing to stark rises in living costs; it is important that the design of any carbon border approach include a strategy for public engagement to build consensus around the importance of the policy response as a measure to combat climate change, alongside assessments to understand any potential impact on consumers, including vulnerable and low- income households, to ensure any supporting policies which might be required can be incorporated into the approach.
Paragraph Reference:
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Government Response
A response document is linked to this report, dated 21 June 2022. Response attribution to this conclusion has not been verified. Read the response document ↗