Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if the Government will commission a detailed analysis of the potential effect on the electricity bills of public sector consumers on the proposed removal of the Climate Change Levy exemption.
This Government takes its environmental responsibilities very seriously. We are committed to meeting our climate change commitments as cost effectively as possible. We are currently making good progress with emissions down 30% since 1990.
Any loss that UK renewable generators face as a result of the Climate Change Levy (CCL) will be small compared to the total amount of support they receive from other Government policies.
The renewable electricity generation sector will also benefit from the Government’s recent cuts to corporation tax, which will save businesses over £10bn a year.