HC Deb 10 May 2004 vol 421 c147W
Mr. Todd

To ask the Chancellor of the Exchequer what fiscal incentives are available to UK companies involved in the development of fuel cell technologies; and if he will make a statement. [171264]

John Healey

The Chancellor announced in Budget 2002 that hydrogen would be exempt from fuel duty for a limited period, to encourage further development and early take-up. Budget 2002 also introduced enhanced capital allowances for investments in hydrogen fuelling infrastructure. In addition, companies developing fuel cell technologies can benefit from research and development tax credits, announced in Budget 2000. The Department of Trade and Industry is responsible for other measures to support the development of fuel cell technologies, including through the Advanced Fuel Cells Programme. The Carbon Trust, which is funded by revenue recycled from the Climate Change Levy, supports the development of innovative technologies.

Forward to