Proceeding contribution from Lord Redwood (Conservative) in the House of Commons on Tuesday, 26 June 2007. It occurred during Debate on bill on Finance Bill.
Finance Bill
We shall probably not see that any time soon, even with the change of tenant at No. 10 Downing street, but as the hon. Member for Nottingham, South said, perhaps the House can do rather more under the previsions of the clause to provide examples of how we could generate more of our own energy. Members have already said that we generate a lot of hot air that could be used. I suspect we should need a spin turbine rather than a wind turbine, and the new tenant at No. 10 may be particularly good at offering a model that would offer facilities from which he and we might benefit. I urge Members on the Treasury Bench to understand the strong feeling that much more could be done. My hon. Friends and others clearly understand that at present the technology is not cheap enough to take off across the board, which is why so few people are adopting it, apart from those such as the hon. Member for Nottingham, South and my right hon. Friend the Leader of the Opposition, who are showing the way. However, to get our constituents enthusiastic about microgeneration we need to introduce real tax relief. The provisions do not do that; the amendments would help a little, but the amendment that requires an annual report might in due course persuade even the Government that they should join this exciting progressive consensus.
Secondary information
- Type
- Proceeding contribution
- Reference
- 462 c221
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Conditions of employment Companies Agriculture Age Conservation Combined heat and power Annuities Buildings Capital allowances Housing Investment Energy Electricity generation Insurance companies Industry Grants Inheritance tax Personal income Pensions Property Pension funds Sales Small businesses Tax allowances Renewable energy Tax avoidance Taxation Technology Tax rates and bands Self-employed Solar power Carbon emissions Stamp duty land tax Alternatively secured pensions Managed service companies
- Legislation
- Finance Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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