Carbon Emissions: Bank Services

(asked on 3rd February 2026) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what support his Department provides to the baking industry to decarbonise.


Answered by
Chris McDonald Portrait
Chris McDonald
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 9th February 2026

Businesses in the baking industry can benefit from the Climate Change Agreements scheme, which provides Climate Change Levy discounts of up to 92% in return for improved energy efficiency and reduced emissions.

More broadly, our Clean Power by 2030 mission is working to reduce reliance on volatile fossil fuels and lower electricity costs for businesses. We are also continuing to develop policies to bring down electricity costs relative to gas and intend to consult on options to make electrification an economically rational choice for a wide range of businesses.

In due course, we will also set out a clear plan for industrial decarbonisation to support a competitive low‑carbon industrial base and to ensure growth opportunities are realised alongside emissions reductions.

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