Marcus Jones
Main Page: Marcus Jones (Conservative - Nuneaton)
Gregory Barker
My hon. Friend is right that the number of companies that are able to offer finance is key. I am extremely encouraged that four companies are already writing plans. The Green Deal Finance Company anticipates that another eight companies will start this month and that a further 20 will begin to write plans by the end of July. We think that about 50-plus companies will offer finance by the end of the year. Ultimately, when to start writing plans is a commercial decision for each company because the green deal is primarily a private sector market that is being created by this Government.
Mr Marcus Jones (Nuneaton) (Con)
16. What progress the Government has made on facilitating exploration of UK shale gas reserves.
The Minister of State, Department for Business, Innovation and Skills (Michael Fallon)
We have strengthened the regulatory framework to protect the environment and to ensure that hydraulic fracturing is done properly and safely. We want to encourage shale exploration. That is why we have announced fiscal incentives for developers and why we are working on a package of community benefits, such as discounts on bills for residents in drilling areas.