Oral Question·Department for Energy Security and Net Zero
“What recent estimate she has made of the cost of decarbonising the grid by (a) 2030 and (b) 2035. ”
Tabled: 26 March 2024Answered: 16 April 2024
Answering Minister
the Secretary of State for Energy Security and Net Zero
Answer from Hansard
The Chancellor of the Exchequer (Rachel Reeves)
When we entered office, debt was at highs not seen since the 1960s. My commitment to the fiscal rules is non-negotiable, and we will drive debt down to a sustainable level. There have been movements in global financial markets, and the UK is not immune. The Office for Budget Responsibility will produce a forecast in the usual way, and I will respond with a statement to Parliament on 26 March. I will not be giving a running commentary on that forecast.