"Does my right hon. Friend agree that establishing a price for carbon would give the free market the signal it needs to invest in low-carbon alternatives across the economy? Does he also agree that a carbon border adjustment mechanism is a necessary first step to achieve that?"
Alok Sharma MP: "I know my hon. Friend has raised this issue previously. Tackling carbon leakage is a vital matter. As he is aware, Her Majesty’s Treasury will be launching a consultation later this year and setting out a range of carbon leakage mitigation options, which includes looking at a carbon border adjustment mechanism."
