Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to the Declaration on global economic and political challenges made by the G7 leaders at the Ise-Shima Summit in May 2016, what progress the Government has made on its commitment to ending inefficient fossil fuel subsidies by 2025.
The Government supports the G20’s initiative to reform inefficient fossil fuel subsidies and has offered to be a peer reviewer. However we do not believe the UK is a suitable candidate for peer review under this process as we have no fossil fuel subsidies according to the definition adopted by the UK and other EU members of the G20.