Energy Intensive Industries: Finance
Commons · Question 65948 · Tabled 8 Jul 2025 · Treasury · Official record
Answered 16 Jul 2025
Question
Asked by Nick Timothy
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.
Answer
Answered by James Murray, 16 Jul 2025
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...