Written question asked by John Hayes (Conservative) on Wednesday, 9 July 2025, in the House of Commons. It was due for an answer on Friday, 11 July 2025. It was answered by Kerry McCarthy (Labour) on Thursday, 17 July 2025 on behalf of the Department for Energy Security and Net Zero.
Climate Change: Costs
- Question
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To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential implications for his policies of the estimate in the report by the OBR entitled Fiscal risks and sustainability, published in July 2025 of the fiscal cost of climate change mitigation.
- Answer
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In its most recent ‘Fiscal risks and sustainability report’ (2025), the OBR is clear that the costs of climate damage are getting higher, while the cost of the net zero transition is getting lower. Only by investing in the transition now can we reduce costs in future.
Secondary information
- Type
- Written question
- Reference
- 66107
- Session
- 2024-26
- Subjects
- Costs Climate change
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-06 00:00:58 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/66107
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/66107
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/66107