Skip to main content

Capital Allowances: Biofuels

Volume 460: debated on Tuesday 22 May 2007

To ask the Chancellor of the Exchequer (1) what the process is for obtaining approval for equipment to qualify for the enhanced capital allowances for biofuel equipment; who is responsible for submitting an application for approval; what criteria need to be satisfied for approval to be given; how long it is expected to take for a decision to be made; what remedy is available to those whose applications are unsuccessful; from what date applications may be made; and if he will make a statement; (138078)

(2) if he will make a statement on the criteria to be satisfied for equipment to qualify for the enhanced capital allowances for biofuel equipment announced in the Budget.

[holding answer 21 May 2007]: In Budget 2007, the Government announced their intention to apply for state aid approval for an EGA scheme to support the most carbon-efficient biofuels plant. This process is ongoing.

Once that approval has been obtained it will be for DEFRA to consider and approve applications for the scheme.