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registered interest false more like this
date less than 2015-06-15more like thismore than 2015-06-15
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Environment Protection: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what proportion of the total additional revenues raised by carbon price floor rates were retained by HM Treasury; and what proportion accrues to low carbon generators for (a) renewables and (b) nuclear operators. more like this
tabling member constituency Monmouth more like this
tabling member printed
David T. C. Davies remove filter
uin 2429 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-06-22more like thismore than 2015-06-22
answer text <p>The Carbon Price Floor is made up of the EU Emissions Trading System carbon price and the UK Carbon Price Support rates. Table C.3 of the 2015 Budget sets out forecasts for Exchequer revenue from the Climate Change Levy, including Carbon Price Support, and from EU Emissions Trading System auction receipts for each year, up to financial year 2019/20. They are shown in the table below.</p><p> </p><p> </p><p> </p><table><tbody><tr><td> </td><td><p>14/15</p></td><td><p>15/16</p></td><td><p>16/17</p></td><td><p>17/18</p></td><td><p>18/19</p></td><td><p>19/20</p></td></tr><tr><td><p>Climate Change Levy (£bn)</p></td><td><p>1.7</p></td><td><p>2.0</p></td><td><p>2.0</p></td><td><p>1.8</p></td><td><p>1.7</p></td><td><p>1.6</p></td></tr><tr><td><p>EU ETS auction receipts (£bn)</p></td><td><p>0.3</p></td><td><p>0.3</p></td><td><p>0.3</p></td><td><p>0.4</p></td><td><p>0.4</p></td><td><p>0.6</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>All revenues from the Carbon Price Floor accrue to the Exchequer.</p><p> </p><p>The Chancellor regularly meets the Secretary of State for Energy and Climate to discuss energy policy.</p><p> </p><p> </p><p> </p>
answering member constituency East Hampshire more like this
answering member printed Damian Hinds more like this
grouped question UIN
2428 more like this
2430 more like this
question first answered
remove filter
answering member
3969
label Biography information for Damian Hinds more like this
tabling member
1545
label Biography information for David T C Davies more like this