§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer, pursuant to his oral statement of 8 November 2000,Official Report, columns 315–27, on the pre-Budget report, and the document "Building Long Term Prosperity for All", Table 6.2, what estimate he has made of the carbon savings per annum from a 1 per cent. cut in fuel duties in real terms; and if he will make a statement. [138283]
§ Mr. Timms[holding answer 14 November 2000]: In the PBR the Chancellor announced that duty would be frozen in real terms, the duty on ultra low sulphur petrol would be cut by 2p a litre subject to there being nationwide access, and in those circumstances the duty on ultra low sulphur diesel would be cut by 3p a litre.
The impact on CO2 emissions from any duty charge introduced at the Budget will be published in the Budget Red Book.