§ Sue DoughtyTo ask the Chancellor of the Exchequer what economic instruments the Treasury plans to use to internalise the environmental costs of goods; and if he will make a statement. [121986]
§ John HealeyThe Government will continue to use a range of economic instruments, including environmental taxes and tradable permit schemes, to internalise environmental costs in prices.
The principles and approach of Government policy on using economic instruments are set out in the document Tax and the environment: using economic instruments', which was published alongside the 2002 Pre-Budget Report.
The Chancellor decides taxation policy in the context of the Budget process.