Oral Answers to Questions

Darren Jones Excerpts
Tuesday 7th June 2022

(2 years, 5 months ago)

Commons Chamber
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Darren Jones Portrait Darren Jones (Bristol North West) (Lab)
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Yesterday, a Treasury Minister was unable to confirm whether the climate compatibility checkpoint would be applied to the recent tax cut for the oil and gas industry investing in further drilling. Can the Minister today confirm whether that climate checkpoint will apply to existing investment decisions and not just future investment decisions after the checkpoint has been introduced?

Greg Hands Portrait Greg Hands
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As the Financial Secretary to the Treasury said yesterday, that consultation on the climate compatibility checkpoint has closed and the Government will be responding to that consultation in due course.