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1714909

registered interest
date	30/04/2024
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Carbon Emissions: Impact Assessments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, with reference to Table 16 of the Impact Assessment for the Carbon Budget Order 2021, published on 16 April 2021, if she will publish an annual undiscounted table of the costs and benefits of each option.
tabling member constituency	North Devon
tabling member printed	Selaine Saxby
uin	24347
answer	answer is ministerial correction date of answer 08/05/2024 answer text <p>The Impact Assessment compared the costs and benefits of meeting net zero in 2050 for different options for the level of the Sixth Carbon Budget, including the level recommended by the Climate Change Committee which has since been voted into law. Costs and benefits were aggregated over 2020-2050 to reflect uncertainty around the precise annual profile. Given this uncertainty, the table below sets out the undiscounted costs and benefits over 5 yearly increments.</p><p> </p><p>Table 1. Costs and benefits breakdown by sixth carbon budget options, Core pathway only</p><table><tbody><tr><td><p> </p></td><td><p><strong>Costs and benefits relative to Option 1</strong> <strong>(Do Nothing baseline of 2100MtCO2e)</strong><br> <strong>(£bn, undiscounted)</strong></p></td><td><p><strong>2021-2025</strong></p></td><td><p><strong>2026-2030</strong></p></td><td><p><strong>2031-2035</strong></p></td><td><p><strong>2036-2040</strong></p></td><td><p><strong>2041-2045</strong></p></td><td><p><strong>2046-2050</strong></p></td></tr><tr><td rowspan="3"><p><strong>Costs </strong> <strong>(incl. capital &amp; finance)</strong></p></td><td><p>Option 2, Looser, 1105Mt</p></td><td><p>34</p></td><td><p>88</p></td><td><p>160</p></td><td><p>217</p></td><td><p>277</p></td><td><p>381</p></td></tr><tr><td><p>Option 3, CCC level, 965Mt</p></td><td><p>37</p></td><td><p>91</p></td><td><p>186</p></td><td><p>256</p></td><td><p>309</p></td><td><p>395</p></td></tr><tr><td><p>Option 4, Tighter, 865Mt</p></td><td><p>38</p></td><td><p>94</p></td><td><p>206</p></td><td><p>301</p></td><td><p>328</p></td><td><p>389</p></td></tr><tr><td rowspan="3"><p><strong>Benefits</strong> <strong>(incl. fuel &amp; emissions savings)</strong></p></td><td><p>Option 2, Looser, 1105Mt</p></td><td><p>2</p></td><td><p>68</p></td><td><p>182</p></td><td><p>357</p></td><td><p>526</p></td><td><p>739</p></td></tr><tr><td><p>Option 3, CCC level, 965Mt</p></td><td><p>4</p></td><td><p>71</p></td><td><p>168</p></td><td><p>401</p></td><td><p>554</p></td><td><p>757</p></td></tr><tr><td><p>Option 4, Tighter, 865Mt</p></td><td><p>12</p></td><td><p>98</p></td><td><p>174</p></td><td><p>387</p></td><td><p>540</p></td><td><p>762</p></td></tr></tbody></table> answering member constituency North Swindon answering member printed Justin Tomlinson question first answered 08/05/2024 16:11:34 answering member 4105 label Biography information for Justin Tomlinson
tabling member	4863 label Biography information for Selaine Saxby

1539973

registered interest
date	07/11/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Carbon Emissions: Impact Assessments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that future impact assessments considering the impact on net zero targets of Government policies are as (a) transparent, (b) accurate and (c) reliable as possible.
tabling member constituency	Putney
tabling member printed	Fleur Anderson
uin	80919
answer	answer is ministerial correction date of answer 15/11/2022 answer text <p>Impact Assessments use a sound evidence base and are assessed for their quality by the independent Regulatory Policy Committee. Impact assessments are subsequently published online for transparency. HM Treasury publishes the Green Book guidance on how to appraise the impacts of government policy. As part of this, BEIS publishes supplementary guidance to the Green Book, on how to estimate the impacts on energy and greenhouse gas emissions based on the latest science and in line with internationally recognised standards: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fvaluation-of-energy-use-and-greenhouse-gas-emissions-for-appraisal&amp;data=05%7C01%7CParliamentary.PQ%40BEIS.gov.uk%7C2fc847654346418d493a08dac6f3d4d3%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638041047784780135%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=tVgDw2oesD%2F0Rtne7l6y5j%2Ff8GttJB7FrxqbHhX53iQ%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/publications/valuation-of-energy-use-and-greenhouse-gas-emissions-for-appraisal</a>.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 15/11/2022 17:09:49 answering member 1482 label Biography information for Graham Stuart
tabling member	4788 label Biography information for Fleur Anderson