UK Parliament / Open data

Energy Bills

Proceeding contribution from Ed Davey (Liberal Democrat) in the House of Commons on Monday, 2 December 2013. It occurred during Ministerial statement on Energy Bills.

My hon. Friend makes a very good point. Neither I nor my predecessor, nor the Leader of the Opposition when he was doing my job, has any control over international gas markets. That is why Labour’s policy of a price freeze makes no economic sense whatsoever. During that freeze we could find some small suppliers making serious losses or going out of business if wholesale prices went up. That would reduce competition and we would be back to the big six. Of course, that is what Labour wants, because it created the big six.

Type
Proceeding contribution
Reference
571 c640 
Session
2013-14
Chamber / Committee
House of Commons chamber
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