Renewable Energy: Finance

(asked on 21st November 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make it his policy to use revenue generated by new North Sea oil and gas licensing to fund green energy initiatives.


Answered by
Gareth Davies Portrait
Gareth Davies
Shadow Financial Secretary (Treasury)
This question was answered on 29th November 2023

The Government is of the view that spending and taxation decisions should be made separately to avoid limiting the ability to manage the public finances flexibly.

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