Source · Select Committees · Business and Trade Committee
Recommendation 7
7
We welcome the ambition to conclude talks on an Emissions Trading Scheme agreement by the...
Conclusion
We welcome the ambition to conclude talks on an Emissions Trading Scheme agreement by the time of the 2026 UK-EU summit. Linking UK-EU Emissions Trading Schemes will deliver mutual benefits to businesses. Mutual Carbon Border Adjustment Mechanism (CBAM) waivers will also support trade in emission-intensive sectors and support joint progress towards environmental commitments and greenhouse gas reductions. (Conclusion, Paragraph 25)