Skip to main content

Proceeding contribution from Steve Webb (Liberal Democrat) in the House of Commons on Wednesday, 30 April 2008. It occurred during Debate on bill on Energy Bill.


Energy Bill

I am grateful to the Minister for paying tribute to my eloquence. That is very decent of him. As an economist, I have never been accused of being unencumbered by economics—au contraire. We heard from the hon. Member for Wealden that for individual smart meters the costs are modest, relative to the potential savings to the consumer. So the consumer gets a benefit, the companies clearly get a substantial benefit on billing and so forth, society gets a benefit in terms of CO2 emissions, load shifting and microgeneration—my crucial fourth point, to which I shall return. Bringing that all together, it is hard to see why the Government's cost-benefit analysis is so at variance with everybody else's. Given that Government money is not involved, I do not understand what the agenda is or the internal DBERR politics.


Secondary information

Type
Proceeding contribution
Reference
475 c346 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Decommissioning Climate change Billing Licensing Inspections Environment protection Health hazards Energy Electricity Hazardous substances Natural gas Nuclear power Pollution control Meters Microgeneration Offshore industry Renewable energy Waste disposal Hydroelectric power
Legislation
Energy Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk