All 1 Debates between Viscount Younger of Leckie and Lord Bishop of Chester

Tue 12th Apr 2016

Energy Bill [HL]

Debate between Viscount Younger of Leckie and Lord Bishop of Chester
Tuesday 12th April 2016

(8 years, 7 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Viscount Younger of Leckie Portrait Viscount Younger of Leckie (Con)
- Hansard - -

My Lords, I am sorry to interrupt, but at this stage of the Bill noble Lords are not allowed to speak more than once.

Lord Bishop of Chester Portrait The Lord Bishop of Chester
- Hansard - - - Excerpts

My Lords, speaking briefly from these Benches but entirely personally, because bishops take different views on this, I welcome the realism that lies behind the Commons amendment. Following on from the contribution of the noble Lord, Lord Howell, it may well be that nature’s way of carbon capture and storage is some sort of vegetation. That may be the solution, but it is hardly a function for the Oil and Gas Authority to supervise. The great cost of extracting carbon dioxide—which can be done perfectly easily, technically—and then transporting it under the North Sea would increase energy prices in this country to an extent that would make the recent threat to our steel industry look like simply the foothills. It would have a major impact in raising energy costs. So the Commons amendment limiting the function of the Oil and Gas Authority is realistic and entirely supportable.