United Kingdom · Question · Written question
UIN 93497
Fossil Fuels: Carbon Emissions
Introduced
22 November 2022
Last action
30 November 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
30 November 2022
Summary
To ask the Chancellor of the Exchequer, what recent estimate he has made of (a) how much oil and gas companies will spend on upstream decarbonisation and (b) by how much the investment allowance for decarbonisation for oil and gas companies will reduce to
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Timeline
22 November 2022
Written question
To ask the Chancellor of the Exchequer, what recent estimate he has made of (a) how much oil and gas companies will spend on upstream decarbonisation and (b) by how much the investment allowance for decarbonisation for oil and gas companies will reduce to
Source: Commons
30 November 2022
Answer
The Energy Profits Levy (EPL) was introduced in May in response to sharp increases in oil and gas prices over the past year. At the Autumn Statement 2022, the Chancellor announced that the rate of the levy would rise by ten percentage points to 35%, effec...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-11-22/93497
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1544615
- uk · wq-1544615 · source updated 30 November 2022