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Treasury written question – answered on 24th February 2020.

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Photo of Clive Lewis Clive Lewis Shadow Minister (Treasury)

To ask the Chancellor of the Exchequer, what assessment he has made of the potential contribution his Department' spending plans to meeting the target to reduce emission to net zero by 2050.

Photo of Steve Barclay Steve Barclay The Chief Secretary to the Treasury

HM Treasury takes its environmental responsibilities very seriously. As you would expect, we are considering what further fiscal and other policy measures are needed to meet our 2050 net zero target.

To support this, HM Treasury launched a review into how the transition to a net zero economy will be funded, and where the costs will fall. The review will publish its findings in Autumn 2020.

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