Climate Change Levy

Treasury written question – answered on 26th October 2001.

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Photo of David Lidington David Lidington Shadow Financial Secretary

To ask the Chancellor of the Exchequer what assessment he has made of the impact which the climate change levy has had on employment in the manufacturing sector since its introduction.

Photo of Mr Paul Boateng Mr Paul Boateng Financial Secretary, HM Treasury, The Financial Secretary to the Treasury

The climate change levy only became operational in April this year and the first payments are still being received by Customs and Excise. While it is too early for a full assessment, the levy is operating in the planned revenue neutral manner.

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