Barry Gardiner
Main Page: Barry Gardiner (Labour - Brent North)
Gregory Barker
Absolutely. Had we proceeded with Labour’s scheme, at least £61 would have been added to hard-pressed consumers’ bills. Under our proposals, because we are taking advantage of the rapidly falling costs and passing those on to consumers up and down the country, we anticipate that just £9 will be added to consumers’ bills.
Barry Gardiner (Brent North) (Lab)
Feed-in tariffs are a means of ensuring that investors’ risk relating to future prices is resolved. The Minister has talked about listening to the industry and about long-term certainty. Will he speak to his fellow Minister of State at the Department of Energy and Climate Change, the hon. Member for Wealden (Charles Hendry), who is responsible for energy policy, to make it clear that the proposals on feed-in tariffs published earlier this week in the draft Energy Bill do not address any of the other four risks that investors in the industry face when looking at long-term renewables? In particular, investors are not satisfied that they do anything to address construction risks. If they do not, there will be no new build and the lights will go out.
Gregory Barker
The lights would have gone out if Labour had still been in office, that is absolutely clear. I am not here to answer questions on electricity market reform and I would be ruled out of order if I did, but I can tell the hon. Gentleman that he is absolutely wrong. Our proposals on EMR and the introduction of a feed-in tariff to replace the renewables obligation will bring greater certainty and investment, and will ensure that the lights do not go off under this coalition Government.