HC Deb 04 June 1992 vol 208 c633W
Mr. McGrady

To ask the Chancellor of the Exchequer if he will introduce fiscal instruments to encourage energy-efficient investments.

Mr. Dorrell

The existing tax regime already gives relief for capital investment by businesses on equipment, including energy efficient products. By providing a broadly neutral tax system for businesses, with a common rate of capital allowances for investment in equipment, we allow businesses to decide where their money is best spent. Fuel savings provide the best incentive for businesses to make energy-efficient investments.

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