Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will ringfence the tax relief to oil and gas companies for use for developing sustainable alternatives to hydrocarbon fuels.

Tax relief for companies undertaking oil and gas exploration and production in the UK and on the UK Continental Shelf is only available in relation to expenditure incurred for activity that is charged under the oil and gas ring fence corporation tax regime.

Where expenditure is not incurred for such activity, other tax reliefs may be available. These could include the super-deduction and the UK's competitive research and development tax credit regime.