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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 28 October 2024

Debate

Carbon Dioxide Transport and Storage (Determination of Turnover for Penalties) Regulations 2024

Contribution

I am very grateful to the noble Earl. I emphasise two points. First, the 10% is a cap, not a target, as he rightly said. Secondly, Ofgem has now published its statement of policy, so we have the clarity that industry needs. Having said that, I am most grateful to him for his support. I beg to move.

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