Ceramics Industry
Debate between Harriett Baldwin and Noah Law(4 weeks, 1 day ago)
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Dame Harriett Baldwin
I will not give way, given how tight we are for time.
I hope Members will welcome the fact that the Conservatives have a clear and credible plan to cut energy bills, reduce regulation and lower taxes. We have a cheap power plan that will cut household energy bills by £200 a year and cut electricity bills for businesses by 20%. That could save ceramics businesses a large amount of money. It would save the average restaurant £5,500 and the average pub £1,100. We would achieve that by axing the carbon tax in full, including the UK emissions trading scheme and carbon price support.
We would also scrap the renewables obligation certificate scheme, which would free up money that is currently used to fund the payments through general taxation. We would back the North sea and get Britain drilling again, unlocking home-grown energy and generating an estimated £2.5 billion in additional tax revenues each year.