Care Starmer is looking to link the UK emissions trading plans

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Digest opened free editor

Sir Kerr Starmer is looking to reunify emissions trading plans in the United Kingdom and the European Union in a sign that the Prime Minister becomes more ambitious about “reseting” relations with Brussels before a major meeting next week.

On February 3, Starmer will become the first British leader since Britain’s exit from the European Union will attend a meeting of the 27 European Council leaders, an unofficial gathering in Brussels devoted to cooperation in defense and security.

With the European Union Summit planned in the spring to discuss a broader review of the post -Britain relations from the European Union, Curtain Its ministers discuss new ways to build cooperation with the largest commercial partner in Britain.

Since Britain left the European Union, when the European Union and the United Kingdom have separated their carbon markets, the UK’s permits have been circulated with a great discount for those who were traded in the European Union.

Reconsidering the plans would deepen the liquidity of both markets and help both sides move to zero zero, According to For border economic consultations.

It will also make it possible to avoid the border frictions caused by the European Union and the United Kingdom that impose the mechanisms of carbon borders. Or cbams Carbon dense imports such as steel, cement and fertilizers.

Two European Union officials said that the UK asked that ETS Linkage and CBAMs be included on the spring summit agenda, expected in March or April.

Last week, Nick Thomas-Sinds, Minister of Cabinet Office, who oversees the re-setting discussions, said Britain would look forward to linking the European Union emissions trading plan to avoid disrupting business in the United Kingdom.

he He said The House of Commons and Trade Committee: “Linking our systems is exactly what ambition.”

Minister of Cabinet Office Nick Thomas-Sinds
The Minister of Cabinet Office, Nick Thomas-Swondes, oversees negotiations with Brussels for “reset” in relations © Charlie Bibby/FT

Meanwhile, Chancellor Rachel Reeves indicated on Sunday that Britain would consider joining a customs framework for the European Union with neighboring countries. It has also supported Britain The alignment permanently With European Union rules in existing industries such as chemicals.

She said she was “very happy” to consider the idea of ​​Britain’s accession to Pan-Euro-Mediterranean AgreementCustoms Agreement between the European Union and 20 countries, including in the Middle East and Balkan.

This comes at a time when the European Union diplomats warned that unless Starmer shows more ambition, its reset will only do little to strengthen the British economy. One of them said: “None of this will have any effect on growth.”

The Labor Party statement was excluded last year last year that Britain joined the unified market or the customs union or the adoption of a free movement, but Starmer and Rifez are now looking to show that reset can achieve economic gains.

“British actions want to avoid any kind of an edge of the abyss or additional costs. We are looking for profitable solutions to both sides to build confidence and redirect our carbon markets in this category,” said UK senior government officials.

The red metal is transported through heavy formulation in FORGEMASTER works in Sheffield
There are increasing concerns in the British steel industry about the effect of the carbon border tax on the European Union © John Giles/PA

The UK government has been subjected to increasing pressure from the industry to announce that it would comply with the ETS scheme with the European Union plan to remove the additional border bureaucracy. There are also increasing concerns, for example in SteelOn the impact of the decision to present CBAM in the United Kingdom in 2027 – a full year after the European Union tax.

Adam Berman, director of politics at the Lobby Group Energy UK, said that a review of the carbon market in the UK and the European Union was “the only solution that protects the British industry from the European Union CBAM. The difference for the difference will not do anything to reduce energy bills or Make British companies more competitive – the problems that ETS can help solve them.

A government spokesman said: “According to the terms of the Trade and Cooperation Agreement, the UK and the European Union agreed to consider the linking of our carbon pricing plans and cooperation in carbon pricing,” a government spokesman said.

But the issue is likely to be the subject of a difficult negotiator. A leaked internal document determined Negotiating positions in the European Union Last month, the majority of the European Union countries were open to connecting, but on the condition that the United Kingdom advance a “full dynamic alienation” with the European Union law, which requires the United Kingdom to repeat the relevant European Union legislation in the book of the UK law.

The Donald Trump administration indicated that it sees carbon border taxes as discriminatory and that it can be subject to revenge according to the plans ordered by the American president to be placed “within 60 days.”

Sir Ed Davi, the liberal democratic leader, urged Starmer to be more ambitious while re -setting him in the United Kingdom, and he wants Britain to join the customs union.

“It is clear that they are ready to speak seriously,” Financial Times “told the Financial Times.” “This is the moment when the Labor Party bears the risk, to be an ambition and face a deal that can already jump to the economy.”

The fishermen empty a hunting network on board the Bolon -Mir Wall ship, its headquarters
European Union member states want to fish rights in the UK at the table as part of negotiation © Pascal Rossignol/Reuters

The Labor Party statement has set limited aspirations to reset, including a deal to facilitate trade in animal and plant products, mutual recognition of professional qualifications and an agreement to allow artists in the United Kingdom to wander freely across the European Union.

Brussels will demand a number of privileges from the United Kingdom in exchange for any deal, including the continued access to British fishing water. “There is nothing without a fish,” said one of the European Union officials.

The European Union also requests the dual “youth experience plan” to allow travel providers in the 1930s to be able to travel and work in the United Kingdom and the mass. Starmer promised not to re -present freedom of movement, but British officials believe that a kind of settlement may be possible.

Andrew Griffiths, the conservative shadow minister, said: “We must avoid retracting Britain’s exit from the European Union at the back door by compatible with the low -growth model of the European Union,” said Andrew Griffiths, Minister of Conservative Shadow Business.



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