Proceeding contribution from Steve Webb (Liberal Democrat) in the House of Commons on Tuesday, 22 January 2008. It occurred during Debate on bill on Energy Bill.
Energy Bill
No, because new nuclear power is a one-way track. We cannot decide in 10 or 15 years' time that it was a bad idea and we do not want it, because the companies that are now being asked to invest expect guarantees. They will not invest their money unless they know for certain that they will get a return, and if in 10 or 15 years' time that is not the right part of the required mix strategy, we will be lumbered—we will be stuck. They will expect a return over 40 or 50 years, so we will be buying into a technology that will give us no flexibility.
Secondary information
- Type
- Proceeding contribution
- Reference
- 470 c1394-5
- 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
Librarians' tools
- Timestamp
- 2026-02-25 14:57:46 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_437307
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