Asked by: Jerome Mayhew (Conservative - Broadland)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the feasibility of implementing carbon border adjustment tariffs.
Answered by Jesse Norman
As a global leader on decarbonisation, the UK recognises the importance of ensuring that policy interventions to cut domestic emissions do not lead to increased emissions elsewhere. A range of approaches could potentially help to address this, of which carbon border adjustments are one, and the Treasury continues to engage on the issue.