Ian C. Lucas
Main Page: Ian C. Lucas (Labour - Wrexham)(13 years, 9 months ago)
Commons ChamberMy hon. Friend is absolutely right to pick up one crucial element of our reforms. We must remove uncertainty, because that is one of the biggest threats to investment. We therefore propose that the current regime run alongside the new regime for a period of years, giving people a choice of which system they work to. We believe that that deals with the transitional challenges.
Low-carbon generation was hugely incentivised by Labour’s feed-in tariff, which in the last month provided 300 new jobs in my constituency. Those jobs are endangered by Monday’s announcement. Sharp says that the Government’s investment will stop investors—private investment—in their tracks. How can the Government possibly justify their absurd claim to be in favour of growth and green manufacturing when they make an announcement as stupid as the one they made on Monday?
I remember well the debates on the introduction of feed-in tariffs. It was the force of Conservative, Liberal Democrat and Labour votes—[Interruption]—Labour Back-Bench votes. That was the combination that forced the then Labour Government to accept feed-in tariffs. This Government are ensuring that that money can be targeted on areas where we can see a massive roll-out. It should not be diverted into big solar farms. We want to ensure that the maximum number of people can benefit, which is why we are undertaking our review.