Today Jerome asked the Rt Hon Philip Dunn MP, about carbon border adjustments and the opportunities presented by the UK presidencies of the G7 and COP26 in the progress towards Net Zero.
'Carbon border adjustment' is a means by which imported goods can be taxed based on their carbon footprint, reducing emissions and encouraging UK companies to work and produce goods in a low-emissions, environmentally-friendly way. The government is working hard on this issue as part of our firm commitment to carbon Net Zero.