Written Question·Treasury·UIN 127797
Carbon Emissions: Taxation
Tabled: 16 April 2026
Answered: 22 April 2026
Named DayQuestion
Sir Mel Stride
Conservative — Central Devon
To ask the Chancellor of the Exchequer, with reference to the Written Statement of 16 April 2026 on Carbon Price Support, HCWS1519, what estimate her Department has made of the cost to tax revenues of abolishing Carbon Price Support in each financial year
Answer
Dan TomlinsonAs the grid continues to decarbonise, the Carbon Price Support (CPS) tax base will become smaller and CPS revenue is forecast to significantly decline.Final costings will be confirmed at a fiscal event in the usual way. The Chancellor will set out details...
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