VoteClimate: UK Electricity Generators: Tax on Extraordinary Returns - 20th December 2022

UK Electricity Generators: Tax on Extraordinary Returns - 20th December 2022

Here are the climate-related sections of speeches by MPs during the Commons debate UK Electricity Generators: Tax on Extraordinary Returns.

Full text: https://hansard.parliament.uk/Commons/2022-12-20/debates/22122034000009/UKElectricityGeneratorsTaxOnExtraordinaryReturns

James Cartlidge (Conservative)

The Government are committed to decarbonising power systems by 2035 and reaching net zero emissions by 2050. Britain is a global leader in renewable energy. Last year, nearly 40% of our electricity came from offshore wind, solar and other renewables. Since 2010, our renewable energy production has grown faster than any other large country in Europe. We are committed to ensuring that the UK remains one of the best places in the world to invest in clean energy and have set stretching deployment ambitions, including up to 50GW of offshore wind by 2030 and a fivefold increase in solar by 2035. As we move towards these ambitious goals, the Government will seize the opportunities for growth through the transition, creating the right framework to crowd-in billions of pounds of new investment into the UK’s economy. That includes:

[Source]

See all Parliamentary Speeches Mentioning Climate

Live feeds of all MPs' climate speeches: Twitter @@VoteClimateBot, Instagram @VoteClimate_UK

Maximise your vote to save the planet.

Join Now