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Environment Protection: Taxation

Question for Department for Business, Energy and Industrial Strategy

UIN HL14221, tabled on 4 March 2019

To ask Her Majesty's Government what estimate they have made of the total amount of revenue that has been raised from (1) the EU Emissions Trading Scheme, and (2) the Carbon Price Floor, since May 2017.

Answered on

12 March 2019

The total estimated receipts from the Carbon Price Support rate of the Climate Change Levy are £1.5bn from May 2017 until November 2018. Total revenue from EU Emissions Trading System auctions in the UK held between 3 May 2017 and 12 December 2018 was £1.8bn.