Energy Bill

The hon. Gentleman knows that my argument is that those same amending provisions totally undermine the investment programme that we have set out. I remind him that no other country in the world has a statutory funding mechanism, as is proposed in the Bill. He mentions various projects, but I do not believe that a single one of them includes capture, transportation and storage all within the same project on the scale that we envisage—capturing from coal-fired generation. He will not find a single example that combines all those elements, or a single example of a statutory funding package. He quotes the billions of investment, so I remind him that we are looking here at a potential of £9.5 billion being raised through the levy mechanism. That is an unprecedented amount—again, not found anywhere else in the world.