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Fossil Fuels

Asked by Dr Ellie ChownsGreen PartyTreasuryTabled Answered 7 March 2025UIN 34130

The question

To ask the Chancellor of the Exchequer, if she will make an estimate of the cost to the public purse of Government (a) subsidies and (b) support to fossil fuel companies in the last 12 months.

Answered by James Murray

The UK does not give any subsidies to fossil fuel companies and follows the International Energy Agency’s definition of a fossil fuel subsidy.

Where data is available, estimates of the cost of tax reliefs available to oil and gas companies are published on GOV.UK here: https://www.gov.uk/government/collections/tax-relief-statistics.

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