Climate Change

(asked on 13th June 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 11 June 2019 to Question 261071, whether the Chancellor wrote to the Prime Minister on the cost of a net zero climate change policy.


Answered by
Robert Jenrick Portrait
Robert Jenrick
This question was answered on 18th June 2019

The Chancellor is in regular contact with the Prime Minister on a range of issues.

The UK is committed to tackling climate change and we are a world leader in clean growth. That is why last week the Government began to legislate for a net zero emissions target by 2050. The UK is the first major economy to put such a target in legislation.

At the same time, the Chancellor has accepted the recommendation of the Committee on Climate Change to conduct a Review into the costs of decarbonisation. This will be the world’s first comprehensive review by a finance ministry into the costs of transitioning to a net zero economy. The Review will consider how to achieve this transition in a way that works for households, businesses and public finances, as well as the implications for UK competitiveness.

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