Alex Chalk
Main Page: Alex Chalk (Conservative - Cheltenham)(9 years, 1 month ago)
Commons ChamberThe hon. Gentleman will appreciate that that is really a question for my right hon. Friend the Chancellor, but I think he will accept that the Chancellor has taken great steps to try to improve the fiscal regime to encourage more oil exploration. By creating the Oil and Gas Authority, we have shown our commitment to trying to ensure that we maximise the economic recovery from the North sea basin.
T4. What assessment has been made in light of potential reductions to the feed-in tariff of the UK’s ability to meet its targets of cutting carbon emissions by 80% by 2050 and generating 15% of our energy from renewables?
As our manifesto made clear, we are committed to our climate change targets. The policy announcements the Government have made to date are consistent with those commitments. We are making good progress towards meeting our 2050 carbon target, with emissions already down 30% since 1990.