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Written question asked by Jessica Morden (Labour) on Wednesday, 30 November 2022, in the House of Commons. It was due for an answer on Friday, 2 December 2022. It was answered by Jesse Norman (Conservative) on Wednesday, 7 December 2022 on behalf of the Department for Transport.


Vegetable Oils: Prices

Question

To ask the Secretary of State for Transport, whether he has (a) taken recent steps to help reduce and (b) had recent discussions with Cabinet colleagues on the price of hydrogenated vegetable oil.

Answer

The price of HVO is ultimately driven by market conditions and production costs, however, the operation of the RTFO is the Government’s primary mechanism for addressing the cost difference between fossil fuels and renewable fuels such as HVO.

Ministers have not had any conversation with Cabinet colleagues recently regarding price of HVO specifically. But the Government recognises the important contribution that fuels such as HVO can play as it works to decarbonise transport.


Secondary information

Type
Written question
Reference
99780
Session
2022-23
Transferred
Yes
Subjects
Prices Vegetable oils
Link
View this Written question on www.parliament.uk