Adrian Bailey
Main Page: Adrian Bailey (Labour (Co-op) - West Bromwich West)
Chris Huhne
I am grateful to my hon. Friend for that question. One of the things that we are looking at in the context of making sure that there is no public subsidy for nuclear is the contingent liability regime and ensuring that there are no holes in it. In due course, we will be able to make a statement on that.
Mr Adrian Bailey (West Bromwich West) (Lab/Co-op)
I welcome the Secretary of State’s acknowledgement, albeit somewhat grudgingly, of the role of the new nuclear industry in providing for our future energy needs. I seek reassurance from him that his party’s previous objection to nuclear was not a factor in the withdrawal of the loan from Sheffield Forgemasters. If he can give that reassurance, will he at last give us a transparent and coherent explanation of why funding for extremely welcome projects at Nissan and Ford were allowable when funding for Sheffield Forgemasters was not?
Chris Huhne
I can absolutely and categorically give the hon. Gentleman an assurance that whatever he imagines to be the prejudices or otherwise of me or my party have absolutely nothing to do with the decision on Sheffield Forgemasters, which was a matter of affordability. I merely draw his attention to the written ministerial statement from my right hon. Friend the Secretary of State for Business, Innovation and Skills. That clearly sets out the reasons that underlay the decision.