Ed Miliband

Ed Miliband

Labour — Doncaster North

Speaking in the House of Commons on 3 September 2024

Debate

Contracts for Difference

Contribution

My hon. Friend is 100% right, and she puts it incredibly well. It is hard for Governments of all stripes to admit this truth, but when the 1 October price cap was announced, these matters were not within the previous Government’s control, and would not have been within ours, because of our exposure. These prices are set internationally. When Putin or the petro-states make decisions, they rebound on my hon. Friend’s constituents, and the only solution is our clean energy superpower mission. The truth is that it will take time, and it will be hard for her and my constituents, and the constituents of those across the House, but the answer has to be to go as fast as possible, because that is what gets us energy security and lower bills.

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