Skip to main content

Environment Protection: Taxation

Question for HM Treasury

UIN 14291, tabled on 2 November 2015

To ask Mr Chancellor of the Exchequer, what estimate he has made of the change in projected Government expenditure for 2020 under the Levy Control Framework resulting from the decision to freeze the level of the carbon price floor in the 2014 Budget.

Answered on

9 November 2015

There is no change in the government’s ambition for deployment of new renewable generation or strike prices from the decision to cap the carbon price support at Budget 2014. At Budget 2014 the established Levy Control Framework arrangements and budget provide the flexibility to achieve the investment and growth that is needed to tackle climate change and meet the renewable energy target.

Answered by

Treasury