Skip to main content

Carbon Trust

Volume 405: debated on Tuesday 20 May 2003

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Secretary of State for Environment, Food and Rural Affairs how much funding has been made available to the Carbon Trust in each financial year since its inception; and how much of its budget it has spent. [113453]

The Carbon Trust was created in April 2001, taking over management of the non-domestic part of the Energy Efficiency Best Practice programme (EEBPp) in July 2002 (which it re-launched as Action Energy) and administration of the Enhanced Capital Allowances programme in August 2002. In this time the Carbon Trust has also formulated its programmes, market research and financial and procurement procedures. In line with their remit the Carbon Trust have constructed and launched new and innovative programmes such as the Low Carbon Innovation Programme (LCIP) in May 2002.The Carbon Trust was allocated £26.5 million in 2001–02 by my Department, and a total of £49.6 million for 2002–03 (including £17.1 million from the EEBPp). Carbon Trust spend for 2001–02 was £5.5 million (composed of £3.1 million spend and £2.4 million to enhance the EEBPp). Audited spend figures for 2002–03 are not yet available from the Carbon Trust.