Economic Growth: Carbon Emissions

(asked on 10th July 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect of the measures announced in his summer economic update on the (a) UK's net zero emissions target and (b) Paris climate agreement; and whether he will make a statement.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 20th July 2020

Our world-leading Green Book guidance provides a robust framework for assessing the impact of interventions on achieving our environmental goals.

As part of the Plan for Jobs, the Chancellor announced over £3 billion of new funding for green buildings, including a £2 billion Green Homes Grant scheme to upgrade people’s homes and £1 billion to improve the energy efficiency of public sector buildings.

This accelerates our progress towards net zero, saving the equivalent of up to 0.6 MtCO2e per year, which is roughly equivalent to taking up to 270,000 cars off the road.

Reticulating Splines