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United Kingdom · Question · Written question

UIN 90854

Fossil Fuels: Taxation

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 December 2021

Last action

17 December 2021 · Answer

Status

Answered

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Subjects

Taxation

Source updated

17 December 2021

Taxation

Summary

To ask the Chancellor of the Exchequer, if he will make it his policy to conduct an assessment of (a) the UK’s support for fossil fuels through the tax system and (b) the compatibility of that support with the Glasgow Climate Pact.

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Timeline

  1. 10 December 2021

    Written question

    To ask the Chancellor of the Exchequer, if he will make it his policy to conduct an assessment of (a) the UK’s support for fossil fuels through the tax system and (b) the compatibility of that support with the Glasgow Climate Pact.

    Source: Commons

  2. 17 December 2021

    Answer

    The UK does not give any subsidies to fossil fuels, and follows the approach of the International Energy Agency, which defines fossil fuel subsidies as measures that reduce the effective price of fossil fuels below world market prices. The International E...

    Source: Written answer

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