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Proceeding contribution from Peter Luff (Conservative) in the House of Commons on Tuesday, 22 January 2008. It occurred during Debate on bill on Energy Bill.


Energy Bill

I shall try to re-establish the consensus that I thought was ruling in the Chamber, but which both sides appear to be wobbling over at the moment. The Government's White Paper is reasonably clear, actually. It talks about the energy companies being prepared to pay a substantial risk premium, over and above any realistic estimate of the cost of disposal. That is good, but there is one worrying sentence in the White Paper:"““These costs will include a proportion of the fixed costs of building a geological disposal facility.””" That is the issue that the Government must resolve. My hon. Friend is right to tease away at this one, because the crucial question of what proportion of the costs industry will have to bear is not clear. I hope that the Government will make that clear when—I hope shortly—they produce their further proposals. I encourage my hon. Friend to continue teasing on this one.


Secondary information

Type
Proceeding contribution
Reference
470 c1386-7 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Climate change Carbon dioxide Biofuels Carbon capture and storage Environment protection Energy Electricity generation Energy supply Infrastructure Fuel poverty Imports Fossil fuels EU emissions trading scheme Oil Natural gas Nuclear power Nuclear power stations Microgeneration Waste disposal Social tariffs Carbon emissions Storage Renewable energy Wind power
Legislation
Energy Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk