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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

The hon. Gentleman is right, but we were determined not to put that figure in the Bill, because that would be counter-productive in the long term. No decision on new coal will be taken in this country in the next six months, and no new investment decisions are likely in that time. Under new clause 15, within those six months industry would know the recommended figure and whether it would be enforced within the following six months. Within the time scale for new investment decisions, there would be complete clarity for investors so that they could make the appropriate decisions.


Secondary information

Type
Proceeding contribution
Reference
506 c346 
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