Debbie Abrahams
Main Page: Debbie Abrahams (Labour - Oldham East and Saddleworth)
Debbie Abrahams (Oldham East and Saddleworth) (Lab)
I, too, had several constituents come to see me for the climate change lobby last week and the Secretary of State’s statement will leave them at a loss. Will she respond to the CBI’s comment that
“cutting the Renewables Obligation scheme early sends a worrying signal about the stability of the UK’s energy”
market?
Amber Rudd
I would say to the CBI, which I will be meeting and with which I am sure I will discuss this issue among other things, that this is a stable environment for renewable investment, as we have set out the ranges and targets we would like to achieve and we are meeting them. This Government are the first to have set out a levy control framework so that investors can see exactly how much money we are committing. It is partly because we as a Government are determined to look after money so carefully that we are making this change to ensure that we stay well within the levy control framework.