M

Member

Speaking in the House of Lords on 3 December 2024

Debate

Great British Energy Bill

Contribution

We can contrast this with the much simpler formulation in the UK Infrastructure Bank Act 2023. That provides a much more straightforward framework, because the Treasury has a clear understanding of what financial assistance is and how it is to be provided. The drafting of Clause 4 of this Bill leaves me concerned that there is no clear view of what financial assistance is within the Department for Energy Security and Net Zero.

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