Helen Hayes – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Helen Hayes on 2015-11-02.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the change in projected Government expenditure for 2020 under the Levy Control Framework resulting from the decision to freeze the level of the carbon price floor in the 2014 Budget.

Damian Hinds

There is no change in the government’s ambition for deployment of new renewable generation or strike prices from the decision to cap the carbon price support at Budget 2014. At Budget 2014 the established Levy Control Framework arrangements and budget provide the flexibility to achieve the investment and growth that is needed to tackle climate change and meet the renewable energy target.