The Committee on Climate Change (CCC) Chairman Lord Deben wrote a letter to Energy Minister Kwasi Kwarteng MP, Roseanna Cunningham MSP, Lesley Griffiths AM and Dr Denis McMahon on Thursday 8 August, setting out key recommendations about the future of carbon pricing. The CCC believes carbon pricing needs to be used as part of a suite of policy instruments. It recommends a linked UK-EU Emissions Trading Scheme (ETS) should the UK leave the EU. It also recommends that the cap of the linked UK-EU ETS should be set based on “the cost-effective path to the UK’s new net-zero target”.

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