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United Kingdom · Question · Written question

UIN 110669

North Sea Oil: Capital Allowances

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 December 2022

Last action

20 December 2022 · Answer

Status

Answered

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Discovery layer

Source updated

20 December 2022

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the Investment Allowance on the investment commitments made by industry in the North Sea Transition Deal.

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Timeline

  1. 14 December 2022

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the Investment Allowance on the investment commitments made by industry in the North Sea Transition Deal.

    Source: Commons

  2. 20 December 2022

    Answer

    The North Sea Transition Deal is a transformative partnership between the UK Government and the UK’s offshore oil and gas sector. It will harness the power of the UK offshore oil and gas industry to deliver net-zero by 2050, and in the process, could unlo...

    Source: Written answer

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