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Proceeding contribution from Charles Hendry (Conservative) in the House of Commons on Wednesday, 24 February 2010. It occurred during Debate on bill on Energy Bill.


Energy Bill

A company that is allocating hundreds of millions or billions of pounds to new projects must look at the long-term environment in which it is investing. What we are seeking to do, in conjunction with many of the Minister's hon. Friends, is to provide that clarity in the shortest possible time scale. This is about securing investment rather than driving it away. Business is not overwhelmingly concerned about the principle of the EPS but about the level of it—that will determine whether investment is or is not made.


Secondary information

Type
Proceeding contribution
Reference
506 c344 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Consumers Consumption Capital investment Coal fired power stations Carbon capture and storage Fees and charges Licensing EU law Electricity generation Ofgem Electricity Increases Fuel poverty Natural gas Pollution control Prices Standards Carbon emissions Climate Change Committee
Legislation
Energy Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk