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Stephen Kinnock
Main Page: Stephen Kinnock (Labour - Aberavon)Department Debates - View all Stephen Kinnock's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 6 months ago)
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Stephen Kinnock (Aberavon) (Lab)
Imminent changes to the operation of the EU emissions trading system register are likely to invalidate UK-issued carbon allowances from the start of next year. These measures, which have been brought about by Brexit, will have a significant impact on the steel industry. Will the Minister let us know what contingency measures are being taken to mitigate this impact in the event that an agreement cannot be reached with the European Commission on this issue in time?
Claire Perry
The hon. Gentleman is right to raise this important issue. He will be reassured to know that there are active conversations going on between my Department and the European Commission. He presents the absolute worst-case scenario, which we are confident that we will not reach.