questionText: To ask the Chancellor of the Exchequer, what steps she is taking to allocate revenues from carbon pricing to help increase levels of (a) industrial resilience and (b) innovation in high energy-consuming sectors.
answerText: The Government is committed to maintaining an ambitious carbon pricing scheme to ensure that polluters continue to pay for their emissions. The UK’s lead carbon pricing policy is the UK Emissions Trading Scheme (ETS).The ETS raised c.£3.5 billion in the 2...
heading: Energy Intensive Industries: Finance