Here are the climate-related sections of speeches by MPs during the Commons debate British Steel: Special Measures Update.
Sarah Jones (Labour)
Yesterday, 19 May, as part of the substantial package agreed at the EU summit, we also agreed to work towards linking the UK and EU emissions trading systems, creating the conditions to exempt UK exporters from the EU carbon border adjustment mechanism, or CBAM—something the steel industry has been seeking, to lower the cost of decarbonisation, avoid competitive distortions and boost market confidence. The European Commission has also confirmed that, in a specific product category subject to the EU steel safeguard measure, it will restore the UK’s country-specific steel quota to historic levels and that this will be reflected in a post-2026 regime. This will ensure that UK producers, including British Steel—the UK’s largest producer of these goods—will continue to be able to export tariff free at historic trading levels.
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