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
One concern is that the Bill states that the levy may in due course be used for retrofitting. It does not state that there is an automatic right for it to be so used. Although the Minister has said today that it could be, there is no legal basis for her words in this House being used in a court in years to come. It is the words printed in the Bill that will be used. Accordingly, an element of doubt will remain. People will say, "Yes, I may get the levy for the first 300 MW, but what about for the next 900 or 1,200 MW, or however much more there will be?" Companies will say that that is not guaranteed, so we need to consider what the likely framework is and how we can give them the assurance that they need. What we want is an emissions performance standard that helps to give investors certainty, so that when they come to make their decisions they know exactly what the investment criteria will be. That is why I believe—
Secondary information
- Type
- Proceeding contribution
- Reference
- 506 c345
- 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
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- 2024-04-21 19:57:53 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_623409
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