Carbon Emissions

(asked on 15th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what fiscal steps he is taking to support the UK’s transition to a net-zero economy.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 25th January 2021

The Government is committed to ending the UK’s contribution to climate change by 2050. As a step towards this, the Prime Minister’s Ten Point Plan for a Green Industrial Revolution was announced alongside the 2020 Autumn Spending Review.

The Ten Point Plan will mobilise £12 billion of Government investment for the green industries of the future and accelerate the UK’s path to Net Zero. This Government investment will spur over three times as much private sector investment by 2030.

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