Nuclear Energy (Financing) Bill

I express my condolences on the untimely passing of Jack Dromey. I pass on my sympathies to his f...

The hon. Gentleman is raising some important questions about cost and reliability. What is his re...

My ideal recommendation would be not to invest in a new nuclear plant. That would be the first th...

Does the hon. Gentleman agree that increasingly, the view that we need a permanent base-load for ...

I agree wholeheartedly with that. Actually, as far back as 2015, Steve Halliday, the then chief e...

I welcome proposals that will create more generating capacity in the United Kingdom. As the Minis...

The purpose of small modular nuclear reactors—we are going to be building 10 or 15 of them—is to ...

Yes. I fear I may be wandering a little from the actual Bill, Mr Deputy Speaker, but given the ge...

As a lifelong anti-nuclear power campaigner, I could not fail to speak in this debate or to repre...

What difference would it have made if we had had double our wind capacity in recent weeks when it...

As I said, there is the potential for offshore wind, particularly further out where the wind blow...

rose—

I will not give way again.

Renewable energy is the future, and we in the UK are ideally pla...

Order. I have been incredibly generous, as I was to Sir John Redwood. Could the hon. Lady tell me...

Thank you, Mr Deputy Speaker; I am coming to the end. I could not miss the opportunity to speak i...

It is a pleasure to speak in this debate. As the co-founder of the nuclear delivery group, along ...

When the hon. Member speaks to the amendments, will she explain why she opposes any of them? I wo...

Several of the amendments that the hon. Member mentioned relate to information flow and financing...

Order. It would be really useful when people are contributing on Report if they could mention som...

I welcome the return of this important Bill from Committee and I am pleased to support it, as is ...

Does the hon. Member have any figures on how many of those jobs in Warrington might be put at ris...

I do not have the data on my person at this point, but ultimately more jobs are at risk in Warrin...

I rise to speak to amendments 1 and 2. If I have time, I will get to amendment 9, but I will spea...

I am not speaking on behalf of Germany, because Germany is in a very different position from that...

I am half German and I think my German relatives would confirm that they have wind in Germany. [I...

The hon. Gentleman spoke about the importance of nuclear to get to net zero, but the UK Governmen...

The hon. Gentleman makes a perfectly sensible point, but his argument that we can do it all with ...

It is a pleasure to speak in this debate, and I am grateful for the opportunity to do so.

I...

I appreciate that the hon. Gentleman is saying that he would welcome new nuclear power. I mention...

If only we had the opportunity of a nuclear power station in Northern Ireland! We do not have tha...

What a pleasure it is to join the debate. One of the most enjoyable moments for me was to hear th...

We always say that in the past it delivered so much energy, but what about the radioactive waste ...

Order. I just remind Richard Graham before he continues that the new clause and amendments should...

I am grateful, Mr Deputy Speaker. I would have made precisely the same observation—that we must f...

The need for a baseload of nuclear power of up to 25% is apparent. Big nuclear power stations suc...

I am grateful for my hon. Friend’s comments because they lead in to the Bill and what we are deba...

I issue the challenge again to the hon. Gentleman to speak to the amendments. For example, can he...

The hon. Gentleman has tabled several amendments, including amendments 6, 8, 9 and 7. Largely spe...

Will the hon. Gentleman give way?

I am happy to carry on taking interventions if time allows.

The RAB model has been used successfully for some infrastructure projects, but as outlined earlie...

rose—

May I answer the intervention from the hon. Member for Kilmarnock and Loudoun (Alan Brown) first?...

rose—

rose—

I will give way to my hon. Friend the Member for Workington (Mark Jenkinson) first and then to my...

If I could take my hon. Friend back to Sizewell C and to EDF in his constituency, and specificall...

I am very grateful to my hon. Friend for that intervention, because I was coming on to what seems...

The hon. Gentleman is being very generous. Some of us on the Opposition Benches consider energy t...

We may be straying a bit from the subject and scope, Mr Deputy Speaker, so I will try to come bac...

The burden of the argument with the SNP, my hon. Friend and the rest of us is, as I understand it...

Yes, that is a very good way of defining the difference between the confidentiality of commercial...

I do not want to detain the House for too long. However, I want to say a few words as the Member ...

I rise to speak to the amendments tabled on Report. You will be interested to know, Mr Deputy Spe...

Order. Dr Whitehead, do you intend to keep your mask on?

Sorry, no—I have a general habit of wearing a mask whenever possible.

The Bill essentially ...

The hon. Gentleman is absolutely right, but unfortunately we lost a decade, from 1997 to 2007, wh...

The hon. Member is quite right that prior to 2007 the Labour Government did not consider the deve...

Please correct me if I am wrong, but my understanding is that EDF is majority owned by the state....

It is correct that EDF is owned by the French state, but it is not controlled by the French state...

This is incredibly important. The amendment states

“the nuclear company is not wholly or in...

I am afraid we will have to differ on that. Amendment 1 has been written on good advice, in terms...

I welcome these amendments because one of the concerns about RAB is that there are no safeguards,...

It would not be irresponsible to support the Bill on Third Reading, but it would be responsible o...

Is it not the case that, if the Government in power are faced with a big financial disaster from ...

That is precisely why we wish to put in the Bill that there should be a direction in which the Go...

First, may I minute my condolences on the death of Jack Dromey? I shared his 12 years here and he...

Will the Minister give way?

I am not going to take an intervention. I will respond to the debate first.

Whatever the in...

Will the Minister explain why he does not want to put forward a report that explains the public f...

We think those processes are already in place, and it is right that this should be a commercial d...

Will the Minister give way once more?

No, I will not. I will try to respond to the debate.

Amendments 3 and 4, tabled by Labour, ...

Will the Minister give way?

No, I will not give way.

My hon. Friend the Member for Ynys Môn (Virginia Crosbie), who des...

Will the Minister give way?

No, I am winding up now. For the reasons that I have set out, I cannot accept the amendments tabl...

I beg to ask leave to withdraw the motion.

Clause, by leave, withdrawn.

I beg to move, That the Bill be now read the Third time.

I want to start by following right...

The one thing that perplexes me about this Bill is that it is for nuclear only. If the RAB model ...

I am pleased that the hon. Gentleman mentions tidal, because for the first time, I think, in the ...

I sincerely congratulate my right hon. Friend on bringing forward this Bill. There is absolutely ...

I thank my right hon. Friend for her intervention. The House will know that she and I worked very...

Will the Secretary of State give some indication of how long it might take to prove and put into ...

My right hon. Friend will be aware that the small modular reactors cannot be brought onstream in ...

Will the Secretary of State give way?

I must make progress—forgive me.

Since the publication of the Prime Minister’s 10-point pla...

If there is such a desire for investment, why was £1.7 billion allocated in the last Budget just ...

We all know that the hon. Gentleman’s party is against nuclear, but we also appreciate that the c...

The Bill, as its title suggests, is about how to finance nuclear power. We know that the Climate ...

We have two nuclear power stations in my constituency. I cannot say how glad I am to hear the new...

Unlike the hon. Member for Morecambe and Lunesdale (David Morris), I do not support the Bill, whi...

My hon. Friend is making a good point about the waste of money. It sounds like he agrees with my ...

I agree wholeheartedly, and I said earlier that the £1.7 billion allocated for the final investme...

I wish the Secretary of State, the Minister and the Bill every success. I think we might call thi...

We talk again and again in this House about Britain being a global leader. Does the right hon. Ge...

I would be delighted to see a mixture of renewables, so that the reliability issue is taken care ...

We have heard a lot today about offshore wind and how it could be the saviour of our energy syste...

I have learned enough about energy to know that people produce figures that suit their case. I ag...

I rise tonight to put on record my sincere thanks to the Secretary of State and to the Minister f...