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381211

registered interest
date	15/06/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Energy Intensive Industries: Trade Competitiveness
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of direct costs to the energy intensive industry resulting from the introduction of legislative proposals on a carbon price floor.
tabling member constituency	Monmouth
tabling member printed	David T. C. Davies
uin	2426
answer	answer is ministerial correction date of answer 22/06/2015 answer text <p>The costs of the Carbon Price Floor on business are largely indirect, passed through in bills by their electricity supplier. However, the Department for Energy and Climate Change’s Prices and Bills report estimates that in 2014 the Carbon Price Floor increased the price per MWh of electricity for the average uncompensated energy intensive business by £4. The Government pays compensation to the most electricity intensive industries which reduces the price impact for the average compensated energy intensive business in 2014 to £2 per MWh.</p><p>My Department keeps the risk of carbon leakage under regular review.</p> answering member constituency Broxtowe answering member printed Anna Soubry grouped question UIN 2440 2441 question first answered 22/06/2015 09:41:37 answering member 3938 label Biography information for Anna Soubry
tabling member	1545 label Biography information for David T C Davies

381216

registered interest
date	15/06/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Energy Intensive Industries: Trade Competitiveness
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effect of the carbon price floor on (a) carbon leakage rates, (b) the relocation of energy intensive industry overseas and (c) UK and EU carbon dioxide emissions.
tabling member constituency	Monmouth
tabling member printed	David T. C. Davies
uin	2441
answer	answer is ministerial correction date of answer 22/06/2015 answer text <p>The costs of the Carbon Price Floor on business are largely indirect, passed through in bills by their electricity supplier. However, the Department for Energy and Climate Change’s Prices and Bills report estimates that in 2014 the Carbon Price Floor increased the price per MWh of electricity for the average uncompensated energy intensive business by £4. The Government pays compensation to the most electricity intensive industries which reduces the price impact for the average compensated energy intensive business in 2014 to £2 per MWh.</p><p>My Department keeps the risk of carbon leakage under regular review.</p> answering member constituency Broxtowe answering member printed Anna Soubry grouped question UIN 2426 2440 question first answered 22/06/2015 09:41:37 answering member 3938 label Biography information for Anna Soubry
tabling member	1545 label Biography information for David T C Davies