Nuclear Power: Taxation

(asked on 12th April 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to include nuclear (a) power generation and (b) fuel manufacture as sustainable activities within the UK Green Taxonomy.


Answered by
Bim Afolami Portrait
Bim Afolami
Economic Secretary (HM Treasury)
This question was answered on 22nd April 2024

The Government has stated its intention to include nuclear in the UK Green Taxonomy, subject to consultation. This will incentivise private investment in this important technology alongside renewables and other sectors that are key to reaching our Net Zero goal. The Government expects to publish the consultation on the UK Green Taxonomy shortly.

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