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Climate Change Levy

Part of Oral Answers to Questions — Treasury – in the House of Commons at 11:30 am on 19th July 2001.

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Photo of Mr Paul Boateng Mr Paul Boateng Financial Secretary, HM Treasury, The Financial Secretary to the Treasury 11:30 am, 19th July 2001

Given the record of Conservative Members, I do not think that Dr. Faustus would have got through the first round. [Interruption.] They don't like it up 'em. The whole House recognises that combating climate change and reaching the Kyoto targets are desirable objectives. This is a business-friendly tax, and one that the whole House welcomes, or ought to welcome, as it should welcome the good news that we are due to reach those targets, with 5 million tonnes of carbon saved by 2010.