§ Mr. BaconTo ask the Chancellor of the Exchequer what recent assessment he has made of the results of the impact of the introduction of the climate change levy on the priority given to energy efficiency by United Kingdom energy managers; and if he will make a statement. [28013]
§ Mr. Boateng[holding answer 18 January 2002]The climate change levy is designed to promote greater energy efficiency. Part of the levy revenue is being recycled to provide enhanced advice on energy efficiency to business and to provide support for energy efficiency investments. As the levy package has only been operational since April 2001, it is too early for an assessment to be made of its impact.