John Redwood says: "The answers below show the government is offering substantial support for the energy using industries, but some of this support is a strange money go round to pay the higher taxes and carbon prices in the UK than competitors face. Surely it would be cheaper and better to cut the collection of taxes and the distribution of subsidies?"
The Department for Business, Energy and Industrial Strategy has provided the following answer to your written parliamentary question (123845):
Question:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will reduce the cost of carbon for large energy using industries to ease cost pressures for domestic production. (123845)
Tabled on: 16 January 2023
Answer:
Graham Stuart:
The Government recognises that UK industrial electricity prices are higher than those of other countries and will act to address this.
The Government has already extended the Energy Intensive Industry Compensation Scheme for a further 3 years through to 2025, and doubled the budget for the scheme in the process.
The Government is also actively considering other measures to support business, including increasing the renewable obligation exemption to 100%.
This builds upon extensive support that the Government has provided in recent years including more than £2 billion to help with the costs of electricity and to protect jobs.
The answer was submitted on 24 Jan 2023 at 12:04.
The Department for Business, Energy and Industrial Strategy has provided the following answer to your written parliamentary question (123844):
Question:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he make a comparative assessment of average (a) energy and (b) carbon costs in the (i) steel, (ii) ceramics and (iii) building materials industries in (A) the UK and (B) other comparable countries in the latest period for which data is available. (123844)
Tabled on: 16 January 2023
Answer:
Ms Nusrat Ghani:
This Government will always be on the side of business and is providing an unprecedented £18 billion of support through the Energy Bill Relief Scheme. The newly announced Energy Bills Discount Scheme will continue support for a further year from April 2023 and includes additional support for eligible energy and trade intensive industries, including the Steel sector.
Furthermore, this Government is determined to secure a competitive future for our energy intensive industries for the long term. We have provided extensive support, including more than £2 billion to help with the costs of electricity and to protect jobs.
The answer was submitted on 24 Jan 2023 at 12:05.
The Department for Business, Energy and Industrial Strategy has provided the following answer to your written parliamentary question (123843):
Question:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what his forecast is for UK steel output in 2023. (123843)
Tabled on: 16 January 2023
Answer:
Ms Nusrat Ghani:
The Government does not publish or produce forecasts for UK steel output.
The answer was submitted on 24 Jan 2023 at 12:07.
