Proceeding contribution from Chris Huhne (Liberal Democrat) in the House of Commons on Tuesday, 12 July 2011. It occurred during Ministerial statement on Electricity Market Reform.
Electricity Market Reform
The achievements in the low-carbon sector in China are quite extraordinary, and the hon. Gentleman has cited one of them. However, I do not agree that we will have a problem with capital shortage. If we provide the certainty and clarity that we are providing, we will find the investment. It is also very noticeable—I hope that he has noticed this—that the green investment bank will begin to borrow and lend from 2015, and that the biggest investment in many of our renewables programmes will come in the latter part of this decade, so the green investment bank will be there in time to help.
Secondary information
- Type
- Proceeding contribution
- Reference
- 531 c191
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Carbon capture and storage Electricity generation Ofgem Electricity Power stations Prices Microgeneration Renewable energy Taxation Seas and oceans Wind power Carbon emissions Fossil fuelled power stations Ofgem Review
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 17:47:47 +0000
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