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Taxation: Energy

Volume 491: debated on Tuesday 21 April 2009

To ask the Chancellor of the Exchequer if he will make an estimate of the level of additional taxation on (a) electricity, (b) natural gas, (c) oil, (d) liquefied petroleum gas which would be equivalent to the required subsidy for biomass to meet the UK renewables energy target in 2020. (268801)

The Government do not hypothecate revenue—spending priorities are not, in general, determined by the way in which the money is raised.

The expected costs of meeting our renewable energy targets were published in the Government’s Renewable Energy Strategy last summer. The document can be found at:

http://renewableconsultation.berr.gov.uk/consultation/consultation_summary