§ Mr. BaldryTo ask the Chancellor of the Exchequer if he will make a statement on the arrangements whereby rebate on the climate change levy will be made available to the horticulture industry. [121773]
§ Mr. TimmsThe administrative arrangements for the repayment of climate change levy to horticultural users will be included in regulations to be published later this year.
§ Mr. BaldryTo ask the Chancellor of the Exchequer when the Government will announce the kind of financial incentives they propose to make available to those companies that agree to take on binding emission targets. [R] [121772]
§ Mr. TimmsIn the recent Budget, the Government announced that they see merit in the case put forward by the business led Emissions Trading Group (ETG) that some form of financial incentive will be required for companies to take on binding emission targets that generate additional emission reductions.
Since the Budget, the Government have continued to work closely with the ETG on the many complex issues that remain to be resolved, including the form such a financial incentive might take. Further announcements on financial incentives will depend on the progress the ETG and the Government can make in dealing with these outstanding issues.
§ Mr. BaldryTo ask the Chancellor of the Exchequer how individual companies in the horticulture sector may apply for rebates for the Climate Change Levy; and on what basis such rebate will be made. [121774]
§ Mr. TimmsThe administrative arrangements for the repayment of climate change levy to horticultural users will be included in regulations to be published later this year.
The basis for the rebate is set out in paragraph 41 of Schedule 6 to the Finance Bill.