Proceeding contribution from Lord Whitehead (Labour) in the House of Commons on Wednesday, 14 September 2011. It occurred during Debate on bill on Energy Bill (HL).

Energy Bill [Lords]

I am very sympathetic to the hon. Gentleman's suggestion that there should be a non-discriminatory interest rate across green deal finance, but does he not accept that the golden rule itself is, to an extent, a measure of mitigation of what may well be universal high interest rates, set by green deal providers on the grounds that they are private companies providing finance? Does he accept that ensuring that there is a level playing field for finance in general does not resolve the problem that the golden rule may result in very few changes being made to a property as a result of high interest rates, and that additional measures such as green investment bank intervention may well be needed?

Secondary information

Type: Proceeding contribution
Reference: 532 c1053-4
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Disclosure of information Consumers Decommissioning Conservation Climate change Apprentices Billing Finance Environment protection Energy Fuel poverty Housing improvement Insulation Interest rates Landlord and tenant Local government Low incomes Protection Ministerial responsibility Payments Nuclear power stations Ministers Prices Private rented housing Subsidies Green Investment Bank Green deal scheme Energy company obligation Social tariffs
Legislation: Energy Bill (HL) 2010-12
Link: View this Proceeding contribution on www.publications.parliament.uk

Energy Bill [Lords]

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