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EU Emissions Trading System

Volume 455: debated on Wednesday 10 January 2007

To ask the Secretary of State for Trade and Industry what discussions (a) he and (b) his officials have had with the European Commission on price stability in the EU emissions trading system. (109964)

I have been asked to reply.

We have regular discussions with our EU partners about the future of the EU emissions trading scheme, especially in connection with the European Commission’s forthcoming review. One of the UK’s major goals for this review is to increase long-term certainty about the future shape of the trading scheme post-2012, which can help improve price stability and provide appropriate signals for more long-term investment.