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United Kingdom · Question · Written question

UIN 136674

Carbon Emissions: Taxation

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 January 2021

Last action

19 January 2021 · Answer

Status

Answered

Sponsors

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Subjects

Taxation

Source updated

19 January 2021

Taxation

Official sourceShare

Summary

To ask the Chancellor of the Exchequer, what steps he is taking to provide a long term budget for the carbon price compensation scheme.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 January 2021

    Written question

    To ask the Chancellor of the Exchequer, what steps he is taking to provide a long term budget for the carbon price compensation scheme.

    Source: Commons

  2. 19 January 2021

    Answer

    The UK’s new Emissions Trading Scheme (ETS) provides compensation for energy-intensive businesses at risk of competitiveness impacts. This compensation can cover up to 75% of the costs in their electricity bills due to the ETS and Carbon Price Support (CP...

    Source: Written answer

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