Carbon Emissions: Subsidies
The question
To ask the Chancellor of the Exchequer, what estimate she has made of the total annual value of (a) direct and (b) indirect taxpayer-funded subsidies supporting net zero policies and programmes, broken down by scheme.
Answered by Lucy Rigby
Tax reliefs for net zero policies and programmes can be found in the ‘estimated cost of tax reliefs’ document here: Tax reliefs - GOV.UK. To support net zero, government has allocated £65bn in capital spending to clean energy, climate and nature including nuclear across 2025/26 to 2029/30- an average of £16bn a year.
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