Feed-in Tariffs Debate

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Feed-in Tariffs

Laura Sandys Excerpts
Monday 31st October 2011

(12 years, 7 months ago)

Commons Chamber
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Lord Barker of Battle Portrait Gregory Barker
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This is a difficult issue. The hon. Gentleman will appreciate that we are trying to save the budget. If we were to leave this scheme open until next April, as we had originally intended—although we said that we would act if there was an urgent need, and there is—there would be a run on the fund. The cut-off date will be 12 December, but people will not get a reduction in tariffs until April. It is complex. It is driven by the fact that there is a run on the budget, and we are acting responsibly to preserve the budget for lots of other consumers and to ensure that it does not just disappear in the next few months.

Laura Sandys Portrait Laura Sandys (South Thanet) (Con)
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Will the Government explain how our policies compare to those in Europe where feed-in tariffs have also become unaffordable?

Lord Barker of Battle Portrait Gregory Barker
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Of course, in socialist Spain we have seen boom and bust writ large, with the entire solar tariff scheme collapsing, causing a complete run in confidence. Elsewhere across Europe, we have also seen massive falls in solar prices. The more nimble, smarter tariff schemes have adjusted down their tariffs. We aim to get ours on a par with something similar to that in Germany.