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


Energy Bill

I have made it absolutely clear today that we agree with the independent Committee on Climate Change. That is a fact. We are giving the clearest signal to industry that we will provide an investment framework that will enable it to invest in a way that can be profitable, but is at the same time carbon constrained. That is the best framework that exists in the world, and it is the only financial mechanism being provided in the world to achieve that. I cannot think of anything better, or that could provide greater certainty, to offer industry.


Secondary information

Type
Proceeding contribution
Reference
506 c353-4 
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