UK Parliament / Open data

Energy Prices Bill

Proceeding contribution from Baroness Worthington (Crossbench) in the House of Lords on Wednesday, 19 October 2022. It occurred during Debate on bills on Energy Prices Bill.

I am sorry to interrupt when the Minister is trying to finish, but on a point of clarification, with the profits levy, up to 85% of that tax can be defrayed by the Government investing in North Sea oil and gas, keeping us hooked on a volatile

and unpredictable source of fossil fuels, whereas this cost-plus recovery has no provision for generators to invest in cleaner power. Why is there not equal treatment?

Type
Proceeding contribution
Reference
824 c1139 
Session
2022-23
Chamber / Committee
House of Lords chamber
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