Quote:
Originally Posted by Carth
We're still in the EU . . still ruled by the EU . . yet blocked by the EU when it suits 
https://www.bbc.co.uk/news/business-47921375
If we had left on March 29th would that 'pollution' bill still have to be paid?
When (if) we eventually leave, will we still be bound by the EU pollution rules, or free to carry on business as usual without this 'extra tax' on steelmaking (and other businesses) ? |
The pollution credits are on temporary hold pending acceptance of the withdrawal agreement. It’s temporary, which is why the company feels able to ask HMG for such a massive loan - they will be able to pay it back in full reasonably quickly.
As part of Brexit, EU law is being written into UK law, so in the short to medium term the pollution credit system will continue. However, if we find the system doesn’t work for us (and if we don’t subsequently sign a Europe-wide pollution treaty at some later date) then we will be free to change or abandon the pollution credit scheme altogether.
Again, just one of the many benefits of Brexit. Once we are no longer treaty bound to accept the entire body of EU law, we have sovereign freedom to decide what is in our national interest and what isn’t.