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Proceeding contribution from Ed Miliband (Labour) in the House of Commons on Monday, 7 December 2009. It occurred during Debate on bill on Energy Bill.


Energy Bill

My hon. Friend has thought deeply about this issue and we have discussed it. The Competition Commission remains a potential last resort, which I still consider it to be. Let me explain why. For a Competition Commission inquiry, we are looking at one to two years, and further remedies will take longer. The commission looked into the liquefied petroleum gas market, but it was five years between the initial investigation and the final remedies being introduced—not that I hold the commission responsible for that. However, the intent behind my hon. Friend's question is right in the sense that we have cause for concern, including about what Ofgem has shown today, but the Government need to think about a policy response, and we have work going on around the road map for low carbon that will be published in the spring. It is better to look at policy options—Ofgem will indeed have a report out early in the new year—rather than at a lengthy Competition Commission investigation.


Secondary information

Type
Proceeding contribution
Reference
502 c45 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Conservation Coal Climate change Biofuels Carbon capture and storage Energy Electricity generation Ofgem Fuel poverty Fossil fuels Fuel oil Oil Planning Natural gas Nuclear power Markets Prices Pipelines Regulation Storage Utilities Wind power Science Carbon emissions Social tariffs
Legislation
Energy Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk