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FISCAL STRATEGY FOR NEW ENERGY EFFICIENT TECHNOLOGIES

Early day motion 550, tabled 7 January 2010 by Colin Challen (Labour). Signed by 155 members.

That this House notes the Chancellor of the Exchequer's words in the Pre-Budget Report on the need to implement measures to reduce greenhouse gas emissions; is concerned, however, that new and innovative technologies such as passive flue gas retention systems and voltage optimisation technologies do not benefit from the reduced value added tax rate of five per cent.; and therefore calls on the Chancellor to rectify this and also publish a fiscal strategy for assisting with new technologies in his next Budget.

Signatures by party: Labour 84, Liberal Democrat 44, Conservative 16, Independent 3, DUP 2, Plaid Cymru 2, Independent Labour 1, Respect 1, Social Democratic and Labour Party 1, UUP 1.