Enterprise and Regulatory Reform Bill

My Lords, the purpose of the amendment is quite straightforward. I spoke under the last amendment...

My Lords, this is an interesting amendment, but of course it goes way beyond the Freedom of Infor...

My Lords, I do understand that and thank the Minister for pointing out how the Government are app...

Moved by

Baroness Worthington

13A: Clause 5, page 3, line 27, at end insert—

“(...

My Lords, this amendment is designed to try to elicit a few more comments from the Government on ...

I assume that the noble Baroness’s proposal is born of previous literature. Could she tell the Gr...

I do not have a number in mind. This is a newly created facility, which we have to explore. As th...

I am sure that the noble Baroness would agree that 20% would be a reasonable part of the bank’s i...

I thank the Minister for his comments, which were reassuring. I think that 20% sounds about right...

I thank my noble friend the Minister for his response. I fully accept that the EU ETS money route...

It struck me that the revenues from the EU ETS auctions would be considerable, even at this depre...

I read an estimate somewhere of about £1.3 billion a year. But it all depends on the carbon price...

Perhaps I can help. It depends on the market, which is not there at the moment to buy it. We inve...

I have done some back of the envelope calculations, and at about 100 million tonnes it will be in...

I thank the noble Baroness for her comments. It is certainly an area that I would like to come ba...

Moved by

Baroness Worthington

7: Clause 4, page 3, line 10, at end insert—

“(3A...

This, as noble Lords can see, is a probing amendment but continues on the theme. We are trying to...

Amendment proposed:

“Page 3, line 10, at end insert”,

the words as printed—but not qu...

I had not noted that. Perhaps I should change my whole speech because of it.

The whole area...

My Lords, I have a small technical question. The official Opposition indicated, in the noble Baro...

I am very grateful for this probing amendment, which goes back to the creative thinking on how we...

I thank the Minister for his response. A consultation would certainly help to flesh out some of t...

Moved by

Lord Teverson

8: Clause 4, page 3, line 21, at end insert—

“(7) It is ...

My Lords, now we get on to one of the core issues around the Green Investment Bank, which is its ...

I support the amendment proposed by the noble Lord, Lord Teverson. I would have put my name down ...

This is a really interesting amendment, which also touches on the previous amendment. I am not su...

I thank the noble Baroness very much for that contribution. I should point out that the borrowing...

KfW is covered by the covered bond regime, which we do not have in the United Kingdom.

My Lords, I, too, support the amendment. I shall not detain the Committee by repeating the points...

Perhaps I could reply to the noble Baroness, Lady Ford. Her point is absolutely right, but it is ...

Can I dissent from the amendment? I think that it goes against the whole point of the legislation...

My Lords, we have had some very good contributions. In fact, my Amendment 9 just leads on from wh...

My Lords, I say to the noble Lord, Lord Mitchell, that handwritten notes such as those that we ol...

This is covered in European accounting standard 95. I do not see why we should put ourselves at a...

I do not think that it is a question of being supine. This is a government decision that has been...

I understand it but do not agree with it.

I apologise. It is good that my noble friend understands it, because then he will not disagree wi...

Does the Minister have any thoughts about when this borrowing will come to pass?

We have made it very clear that it will not come to pass before the end of this Parliament. That ...

My Lords, I also support the thrust of the amendment of the noble Lord, Lord Mitchell, particular...

I, too, welcome this amendment but I have some questions about it on which I would like to put do...

My Lords, of course the Government are very committed to SMEs, and I know that the noble Lord, Lo...

I thank the noble Lord for his statement and, indeed, I thank all noble Lords for their contribut...

Moved by

Baroness Worthington

3: Clause 1, page 1, line 11, at end insert—

“(3)...

My Lords, I am afraid that I am going to continue the theme that I started with the first amendme...

My Lords, before I speak to Amendment 4, I should say that it is a great pleasure to deal with a ...

My Lords, I have a sense of deja vu, thinking that I am still in the Department for Energy and Cl...

My Lords, I thank the Minister for his response. We do not doubt that many parts of government ar...

Moved by

Lord Stevenson of Balmacara

5: Clause 2, page 2, line 1, after “State” inser...

My Lords, Amendment 5 stands in the name of my noble friend Lord Adonis who is unable to be prese...

My Lords, I have a short technical question for the Minister and, conceivably, for the noble Lord...

I thank noble Lords, especially the noble Lord, Lord Stevenson of Balmacara, for their words. The...

Before the noble Lord sits down, I should make it clear that I was agreeing with him, as he has p...

I can deal with that immediately. It is a very good point. We have no current intentions to sell ...

I thank the noble Lord for those additional remarks and for saying earlier in his response that h...

Perhaps I can help with this question. Since the 1880s, it has been a matter of interpretation of...

I am grateful to my noble friend Lord Jenkin of Roding for explaining that. In fact, it coincides...

My Lords, I am most grateful to my noble friend Lord Jenkin of Roding. I was, in fact, previously...

My Lords, I agree that this is now a score draw. With that, I beg leave to withdraw the amendment...

Moved by

Lord Teverson

6: Clause 4, page 3, line 10, at end insert—

“(f) a prop...

My Lords, I shall speak also to Amendment 11. Here, I am trying to be as helpful as I can be to t...

Allowances.

4.30 pm

Thank you very much indeed. In fact, last month the Government already had their first auction of...

My Lords, I have some doubt about the proposed new clause of which my noble friend has just spoke...

My Lords, I apologise for coming in rather late, but I am in good time for the amendment that I w...

My Lords, I welcome the amendments tabled by the noble Lord, Lord Teverson, if for no other reaso...

My Lords, as we are in Committee, perhaps I could come back on my noble friend Lord Jenkin’s impo...

As we are in Committee, I hope that I can say a couple of words about this. The nuclear industry ...

My Lords, perhaps I can deal with this quite swiftly. Both the ETS and the NLF, the Nuclear Liabi...

My Lords, welcome to the Grand Committee on the Enterprise and Regulatory Reform Bill. If there i...

Moved by

Baroness Worthington

1: Clause 1, page 1, line 6, leave out paragraph (b) an...

My Lords, we should remind ourselves why these green purposes are so important. This bank has bee...

My Lords, here we go. We have nine days in Committee— I work it out at 36 hours—and what a way to...

I thank the Minister for his response. I am slightly perplexed as I do not think that the quote f...

Moved by

Lord Mitchell

2: Clause 1, page 1, line 11, at end insert—

“(3) In und...

My Lords, I stand here in some trepidation, having heard the comments that the noble Lord, Lord M...

My Lords, I support what my noble friend has just said in relation to Amendment 2. It is often co...