Nick Timothy

Nick Timothy

Conservative — West Suffolk

Speaking in the House of Commons on 5 March 2025

Debate

Renewables Obligation Certificate Scheme

Contribution

Of course we talk to business all the time. I talk to businesses in my constituency and we have been talking to businesses and organisations representing the more energy-intensive manufacturing businesses in this country. They are clear that energy costs have been too high, partly because of issues such as high carbon prices. They are very concerned about the prospect of the carbon price rising under this Government. The hon. Lady talked about global fossil fuel markets—I have heard the Energy Secretary say that a lot when he has referred to global gas markets. There is no single global gas market in the way he describes. Prices for fossil fuels are so much higher in Europe than America, which is much more dependent on fossil fuels than we are, because of policy choices. Therefore, can she guarantee that we will have a lower carbon price than the rest of Europe by the end of this Parliament?

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