Energy Bill

The hon. Gentleman's remarks about giving the market a clear signal would carry some weight if such a signal were contained within the new clause that he and my hon. Friend the Member for Nottingham, South (Alan Simpson) have proposed. However, it leaves the EPS so open-ended that it could mean absolutely anything. It could even encompass the emission levels of a current plant. Without having some definition of what the EPS would be, the market still would not have a clear signal.