Here are the climate-related sections of speeches by MPs during the Commons debate Financial Statement.
Full text: https://hansard.parliament.uk/Commons/2012-03-21/debates/12032154000001/FinancialStatement
12:37 Mr Osborne
Renewable energy will play a crucial part in Britain’s energy mix, but I will always be alert to the costs that we are asking families and businesses to bear. Environmentally sustainable has to be fiscally sustainable as well. The carbon reduction commitment was established by the previous Government. It is cumbersome and bureaucratic and imposes unnecessary costs on business, so we will seek major savings in the administrative cost of the commitment for business. If those cannot be found, I will bring forward proposals this autumn to replace the revenues with an alternative environmental tax.
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