Extract from Delegated Legislation Committee debate on Financial Assistance to Industry - Dec 7
Tuesday, 8 December 2020 08:14
The Parliamentary Under-Secretary of State for Business, Energy and
Industrial Strategy (Amanda Solloway) I beg to move, That the
Committee has considered the motion, That this House authorises the
Secretary of State to undertake to pay, and to pay by way of
financial assistance under section 8 of the Industrial Development
Act 1982, sums exceeding £30 million and up to a total of £300
million in respect of compensation for indirect costs of the UK
Emissions Trading System or the Carbon...Request free trial
The Parliamentary Under-Secretary of State for Business,
Energy and Industrial Strategy ()
I beg to move, That the Committee has considered the
motion, That this House authorises the Secretary of State to
undertake to pay, and to pay by way of financial assistance under
section 8 of the Industrial Development Act 1982, sums exceeding
£30 million and up to a total of £300 million in respect of
compensation for indirect costs of the UK Emissions Trading System
or the Carbon Emissions Tax and Carbon Price Support mechanism in
each case to British Steel Ltd; Celsa Manufacturing (UK) Ltd; CF
Fertilisers UK Ltd; DS Smith Paper Ltd; Ineos Chemical Grangemouth
Ltd; Ineos ChlorVinyls Ltd;
Kimberly Clark Ltd; Outokumpu Stainless Ltd; Palm Paper Ltd;
Runcorn MCP Ltd; SABIC UK Petrochemicals Ltd; Tata Steel UK Ltd;
and UPM-Kymmene (UK) Ltd...
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