Treasury: Carbon Emissions

Treasury written question – answered on 4th February 2022.

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Photo of Kieran Mullan Kieran Mullan Conservative, Crewe and Nantwich

To ask the Chancellor of the Exchequer, what impact the net zero review has had on his Department's policies.

Photo of Helen Whately Helen Whately The Exchequer Secretary

As outlined in the Net Zero Review final report, HM Treasury is building its governance, capabilities, and processes to support our transition to net zero. That includes developing our analytical capability for assessing and reporting on our net zero transition and the impact of policies and projects. For instance, there is an ongoing process of building macroeconomic modelling capability. As set out in Annex C of the Net Zero Review, some activities involved in this work are complete while the majority are ongoing.

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