New Clause 2: BILL PRESENTED— Devolution (London) Bill
New Clause 2— Report on the removal of the Climate Change Levy exemption
“(1) No later than 6 months following the passing of this Act the Chancellor of the Exchequer shall publish a report into the effect of the removal of the Climate Change Levy exemption on renewable energy generators.
(2) That report must include information about:
(a) The effect that the removal of the exemption has had on existing generators
(b) The effect that the removal of the exemption has had on projects which were in the planning process
(c) The cumulative effect on investor confidence in renewable energy of this change in the context of wider government policy on renewable energy; and
(d) The effect of these changes on the United Kingdom’s ability to meet its climate change targets and commitments.”—(Alison McGovern.)