Energy Bill

My right hon. Friend suggests that we set a level and says that no level is set in the new clauses. That is not quite true. A level is set in one of the clauses that we are about to debate. What we are saying clearly is that an EPS, whether it is set at a specific level or whether it is entirely open, will undermine the coal programme that we set out, all the provisions in the Bill, and the investment that companies will be prepared to make if—if—there is support for CCS. They will not be prepared to make that investment in circumstances in which there is uncertainty about layering over some other standards.