Mike Crockart
Main Page: Mike Crockart (Liberal Democrat - Edinburgh West)(11 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text
Mr Hayes
The right hon. Gentleman was a distinguished Home Office Minister under the previous Government, so he will know that when the Government take on major challenges, such as the one I have described, it is not, of course, an easy road to tread. The Government’s determination to reform our electricity market and introduce the changes necessary to guarantee our energy security is, by any comparison—certainly in comparison with the Government of whom he was a part—profound, valued and welcomed by the vast majority in the industry.
Mike Crockart (Edinburgh West) (LD)
One technology that could make a huge difference in this area is anaerobic digestion. I have had discussions with companies in the field, and despite interest from the green investment bank they report that they are still having difficulty in accessing finance. What more can the Minister do to help with that problem?
Mr Hayes
It is critical that both the cost and availability of capital underpin the investment I have described, and that is particularly true, as the hon. Gentleman says, for small and medium-sized enterprises. We are working on that with the Department for Business, Innovation and Skills—my former Department—but given that he has raised the matter in this way, I will look at it again and report back directly to him.