UK Steel - Submission to Climate Change Agreements: Consultation on a new Scheme

February 2024

UK Steel welcomes the opportunity to respond to the consultation on the new Climate Change Agreement Scheme. It is worth restating some facts about the steel sector and its current interaction with the current Climate Change Agreement (CCA) scheme.

The steel sector has been a member of the CCA scheme since its introduction in 2001, exemplifying the type of industry the scheme was designed to support. Namely a highly energy, carbon, and trade intensive sector at high risk of competitive disadvantage and carbon leakage due to increased energy costs.