To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with the Welsh Government on the effect of higher carbon levies on steelmaking in Port Talbot.
27 January 2021
The Government has introduced a UK Emissions Trading Scheme, enabling steelmakers, and others in industry, to use markets to decarbonise in a cost-effective way. The Department works closely with both HM Treasury and the Devolved Administrations on this Scheme. The Government recognises the important role that the UK steel industry plays in keeping our economy moving and growing post COVID-19, and has therefore put in place a package of ongoing measures to support it during this challenging time and beyond. This includes more than £500 million in relief since 2013 to make the sector’s electricity costs more competitive.