Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of the UK leaving the EU on British businesses that are part of the EU Emissions Trading Scheme.

There are no immediate changes to UK participation in, and compliance with, the EU Emissions Trading System and we continue to engage in the negotiations on reforms to the System. We are considering the UK’s future participation in the EU ETS as part of delivering a wider settlement in the best interests of the UK, in consultation with business and other stakeholders.