Energy Intensive Industries: Government Assistance

Summary

To ask the Secretary of State for Business and Trade, how much her Department has paid by way of financial assistance under section 8 of the Industrial Development Act n982 in compensation for indirect costs of the (a) UK Emissions Trading System and (b)

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Timeline

1. 20 March 2024

   Written question

   To ask the Secretary of State for Business and Trade, how much her Department has paid by way of financial assistance under section 8 of the Industrial Development Act n982 in compensation for indirect costs of the (a) UK Emissions Trading System and (b)

   Source: Commons

2. 26 March 2024

   Answer

   The total compensation these companies have received for indirect costs of the (a) UK Emissions Trading System and (b) Carbon Emissions Tax and Carbon Price Support mechanism is as follows: (i) Jan-2021 to March-2022: £165,174,750, (ii) April-2022 to Marc...

   Source: Written answer

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• · Department for Business and Trade · Answering body

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