Carbon Emissions: Industry

(asked on 16th January 2023) - View Source

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 reduce the cost of carbon for large energy using industries to ease cost pressures for domestic production.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 24th January 2023

The Government recognises that UK industrial electricity prices are higher than those of other countries and will act to address this.

The Government has already extended the Energy Intensive Industry Compensation Scheme for a further 3 years through to 2025, and doubled the budget for the scheme in the process.

The Government is also actively considering other measures to support business, including increasing the renewable obligation exemption to 100%.

This builds upon extensive support that the Government has provided in recent years including more than £2 billion to help with the costs of electricity and to protect jobs.

Reticulating Splines