Feed-in Tariffs Debate

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Lord Hanson of Flint

Main Page: Lord Hanson of Flint (Labour - Life peer)

Feed-in Tariffs

Lord Hanson of Flint Excerpts
Monday 31st October 2011

(13 years, 1 month ago)

Commons Chamber
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Lord Barker of Battle Portrait Gregory Barker
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Obviously there is a difficult balance to be struck, and I know that many firms will find it difficult to navigate the system, especially in the short term. I must make it clear, however, that it would have been wrong to do nothing, and to allow the whole budget to be burnt through in a matter of months. Had we done that, the industry would have been looking at oblivion, but now, thanks to timely intervention, it can look at a sustainable pathway to growth.

Lord Hanson of Flint Portrait Mr David Hanson (Delyn) (Lab)
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What would the Minister say to the work force and management of Kingspan, a firm in my constituency that manufactures solar panels and solar cells? A representative of that firm told me on the telephone this very morning that the effect of the Minister’s decision on pre-order contracts will cost it £12 million between January and April next year. Is that the way to improve manufacturing industry in Britain?

Lord Barker of Battle Portrait Gregory Barker
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What I would say is that we intend to reduce tariffs to levels comparable with those in Germany, which has the highest level of renewables deployment in Europe. We are lowering tariffs to encourage market competitiveness. Kingspan is a great company that manufactures a range of products, not least insulation products, which will benefit from a boom as a result of the roll-out of the green deal between now and 2020.