Oral Answers to Questions Debate

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Oral Answers to Questions

Mike Crockart Excerpts
Thursday 1st July 2010

(14 years, 4 months ago)

Commons Chamber
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Chris Huhne Portrait Chris Huhne
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The hon. Gentleman should first be aware of what happens with some of the schemes in the United States—we are looking at them very closely—where there is a forward market in supply. That ensures that distributors have to buy forward supplies, while they can also, for example, buy forward commitments to energy saving, and in that way assure security. However, I would not want him to run away with the idea that I am somehow a market fundamentalist. I merely pointed out to the right hon. Member for Rotherham (Mr MacShane) that there is an enormous difference between setting a good framework as regards this aspect of regulation and legislation and making micro-management decisions of the kind that the hon. Member for Islington South and Finsbury (Emily Thornberry) seems to want us to make.

Mike Crockart Portrait Mike Crockart (Edinburgh West) (LD)
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12. What recent representations he has received on his plans to ensure that new nuclear power stations receive no public subsidy.

Chris Huhne Portrait The Secretary of State for Energy and Climate Change (Chris Huhne)
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I am grateful to my hon. Friend for his question. The coalition agreement is clear that there will be no public subsidy for new nuclear power stations—a view that I have communicated to a variety of stakeholders with a diverse range of views. In particular, I have received strong representations from the Chief Secretary to the Treasury.

Mike Crockart Portrait Mike Crockart
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I thank my right hon. Friend for his answer. Does he agree that while the costs of generating nuclear power may well be competitive, there is still considerable work to be done to ensure that the costs—as yet unknown—of decommissioning and waste disposal are included in any calculations and do not end up posing a significant risk to future taxpayers?

Chris Huhne Portrait Chris Huhne
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My hon. Friend is absolutely right to highlight that matter. The effect of failing to take account of these costs can be seen very dramatically in my own Department’s budget for dealing with the nuclear legacy of the very many years when we failed to make adequate provision for waste and decommissioning. It is precisely because of those warnings that we in the ministerial team are absolutely determined that that will not happen again.