Energy Policy Debate

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Energy Policy

Mike Weir Excerpts
Thursday 29th November 2012

(12 years ago)

Commons Chamber
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Ed Davey Portrait Mr Davey
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I start by paying tribute to my hon. Friend: I believe Members of all parties know what a critical role he played in shaping the Energy Bill that is published today. Along with my right hon. Friend the Member for Eastleigh (Chris Huhne), he worked across the parties to bring these proposals forward, and he deserves a huge amount of credit today. I am determined, having made this agreement in the coalition, that we send out a signal—not just to the UK or Europe, but to the whole world—that the UK is open for energy investment. We have built a consensus in the UK Government, and in view of the remarks of the right hon. Member for Don Valley (Caroline Flint), I believe we may well secure cross-party consensus, which would be valuable to this country and its people. My hon. Friend asked how we will continue the consensus. Let us see how we make progress during proceedings on the Bill, in Committee and so forth. I know that my hon. Friend will play his role in making that happen.

Mike Weir Portrait Mr Mike Weir (Angus) (SNP)
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We, too, welcome the publication of the Energy Bill, much of which we can probably support. If gas is to continue to be an important part of the energy mix, however, it is essential that carbon capture and storage is brought forward quickly. There has been some speculation in the specialist press that the UK Government have missed the European Union’s target for submitting details to ensure funding. Can the Secretary of State assure us that this is not the case, and that CCS will be brought forward quickly?

Ed Davey Portrait Mr Davey
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I thank the hon. Gentleman for his support, as having cross-party consensus is so important, in Scotland and in the rest of the United Kingdom. As he knows, I think Scotland is stronger in the United Kingdom and that the United Kingdom is stronger with Scotland in it, not least on energy policy. On CCS, we are pursuing our policies as quickly as we can, but we need to make sure that we get value for money for the taxpayer. We were fortunate to have eight applications; we have now whittled that down to four, and we are proceeding apace to choose between those remaining four. It is true that we did not get in the first round of the New Entrants Reserve 300 funding from the EU, but we are wholly able to get into the second round and get the same amount of money. I have spoken to the European Commissioner about that. I see no problem in ensuring that we use the money put aside to get the best value for money for the best CCS projects.