Jason McCartney
Main Page: Jason McCartney (Conservative - Colne Valley)(10 years, 8 months ago)
Commons ChamberWe are already paying emission trading system compensation—some £28 million so far—to 53 companies, including eight steel companies, nine chemical companies and 28 paper companies. I discussed a carbon price floor compensation scheme with Vice-President Almunia in Brussels last week, and I hope that that too will be approved next month.
I recently met 90-year-old Norah at the Phoenix centre in Holmfirth to learn about the energy bill revolution. Does my right hon. Friend agree, however, that one of the best ways of reducing energy bills for those facing fuel poverty is to insulate their homes?
I agree completely that energy efficiency measures are one of the best ways of providing long-term sustainable support to the fuel-poor. I completely understand and appreciate the motives behind the energy bill revolution, although hypothecation itself may not always be the most effective way of managing public expenditure.