Energy Intensive Industries: Greenhouse Gas Emissions:Written question - HL5327

Asked on: 04 June 2020
Treasury
Energy Intensive Industries: Greenhouse Gas Emissions
Lords
To ask Her Majesty's Government what steps they are taking to ensure that financial support to fossil fuel-intensive and high carbon producing industries is in line with (1) their Paris Agreement obligations, (2) their target for net zero greenhouse gas emissions by 2050; and (3) their commitment to ban the sale of petrol and diesel cars by 2035.
A
Answered by: Lord Agnew of Oulton
Answered on: 17 June 2020

The Government continues to take its environmental responsibilities very seriously and is committed to meeting its climate change targets.

The UK is a world leader in clean growth. Spring Budget 2020 reinforce the UK’s strong track record in this area with at least £800m for carbon capture and storage, over £1bn of further support for ultra-low emission vehicles, at least doubling funding for energy innovation, and tax measures to encourage greater energy efficiency and tackle plastic waste.

We recognise the importance of a strong economy to support the transition to net zero, meet our Paris Agreement obligations and continue the UK's leadership in clean growth.

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