Asked by: Darren Jones (Labour - Bristol North West)
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if his Department will reconsider its decision to refuse the New Scientist’s Freedom of Information request to publish a spreadsheet showing by how much individual policies in the Net Zero Strategy will reduce emissions.
Answered by Greg Hands
In the Net Zero Strategy, the Government outlines measures to transition to a green and sustainable future, helping businesses and consumers to move to clean power, supporting hundreds of thousands of well-paid jobs and leveraging up to £90 billion of private investment by 2030.
Each year the Department publishes updated energy and emissions projections, analysing and projecting future energy use and greenhouse gas emissions in the UK. The Government will publish an updated set of Energy and Emissions projections in due course. This will set out emissions reductions from those specific Net Zero Strategy measures where decisions on the design of the associated individual policy intervention are sufficiently advanced to meet Energy and Emissions projections publication standards.
Asked by: Darren Jones (Labour - Bristol North West)
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to publish information on how much individual policies announced in the Net Zero Strategy are projected to cut emissions by.
Answered by Greg Hands
In the Net Zero Strategy, the Government outlines measures to transition to a green and sustainable future, helping businesses and consumers to move to clean power, supporting hundreds of thousands of well-paid jobs and leveraging up to £90 billion of private investment by 2030.
Each year the Department publishes updated energy and emissions projections, analysing and projecting future energy use and greenhouse gas emissions in the UK. The Government will publish an updated set of Energy and Emissions projections in due course. This will set out emissions reductions from those specific Net Zero Strategy measures where decisions on the design of the associated individual policy intervention are sufficiently advanced to meet Energy and Emissions projections publication standards.
Asked by: Darren Jones (Labour - Bristol North West)
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential merits of extending the application period for the Domestic Renewable Heat Incentive Scheme beyond its planned closing date on 31 March 2022.
Answered by Greg Hands
The Government intends to close the Domestic Renewable Heat Incentive to new applications on 31 March 2022. This will be followed by the Boiler Upgrade Scheme (BUS), which is scheduled to launch in April 2022. The BUS will provide a more targeted, accessible, and simpler offer, by providing upfront capital grants to support the installation of low carbon heat technologies.
Asked by: Darren Jones (Labour - Bristol North West)
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many recovery loans have been agreed between companies and their lenders supported by Government guarantees since the launch of the Recovery Loan Scheme; and how much has been lent under that scheme to date.
Answered by Paul Scully
The British Business Bank intends to publish data on usage of the scheme in due course.
Asked by: Darren Jones (Labour - Bristol North West)
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what the total sum is of (a) premiums accepted from insurers under the Trade Credit Reinsurance Scheme up to 30 June 2021 and (b) any financial windfall or retained monies received by the Government with specific reference to that scheme.
Answered by Paul Scully
The Trade Credit Reinsurance Scheme has benefitted over half a million businesses, providing certainty for firms across the UK and safeguarding jobs. It has protected more than an estimated £600 billion of business turnover through providing around £210 billion in insurance cover.
As the scheme remains open to receive claims, it would not be appropriate to disclose information on the financial performance of the scheme at this point.