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Energy Bill

That is an interesting point, but I will not respond directly to the right hon. Gentleman because I do not have time. However, I do not see the logic of the argument that setting a standard will somehow deter investment, because the reality is that companies want a rough idea and framework for the future. He is criticising the new proposals and saying that we should not support them because they do not give figures, but, obviously, their strength lies in the fact that there will be a year's consultation and discussion, after which the Government can decide on the appropriate EPSs for our various power stations. New clauses 15 and 6 are not asking for an awful lot. No one is trying to lay down a prohibitive standard—or standards—that will frighten off investors. We should remember that the investors we are talking about will get large sums in subsidy from the levy towards their research and development.