Financial Services: Environment Protection
(asked on 25th May 2023) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether fossil gas power plants will be designated as green in the green taxonomy.
This question was answered on 5th June 2023
The Government has set out plans to deliver a UK Green Taxonomy – a tool to provide investors with definitional certainty about the green economic activities they are invested in. This will help address risks of greenwashing and support greater investment into key sectors. We will consult on this in Autumn 2023.
We have not yet set out further details of what will or will not be included in the Taxonomy.