Carbon Emissions

(asked on 3rd May 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what fiscal steps he is taking to support the transition to net zero.


Answered by
Gareth Davies Portrait
Gareth Davies
Exchequer Secretary (HM Treasury)
This question was answered on 9th May 2023

Spending Review 2021 confirmed that since March 2021 the government will have committed a total of £30 billion of domestic investment for the green industrial revolution. Since then, the government has made new announcements that provide long-term certainty on our investment plans, including £6 billion for energy efficiency and up to £20 billion for Carbon Capture, Utilisation and Storage. On the 30th March the government also set out further action to deliver net zero through its Powering Up Britain publication.

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