§ Mr. BaldryTo ask the Chancellor of the Exchequer what proportion of the proceeds of the climate change levy will be used to encourage energy-saving measures. [96959]
§ Mr. TimmsIn the March 1999 Budget it was announced that £50 million of the revenues from the £1.75 billion climate change levy would be used to provide direct additional support for energy efficiency measures and renewables, with the remaining £1.7 billion being recycled to business through a cut in employers' National Insurance Contributions. This additional support for energy efficiency measures represents a step change in the level of support provided by existing schemes.