Subsidy Control Bill (Eleventh sitting) - 18th November 2021

Here are the climate-related sections of speeches by MPs during the Commons debate Subsidy Control Bill (Eleventh sitting).

Full text: https://hansard.parliament.uk/Commons/2021-11-18/debates/585E291D-F56E-4D3D-9003-13FD8C7D400B/SubsidyControlBillEleventhsitting

12:50 Seema Malhotra (Labour)

We broadly support clause 91, which sets out which parts of the Bill will come into effect and when. We recognise the need to establish when and how various parts of the Bill will come into force. However, at the same time, we want to ensure that this important new regime is not implemented unnecessarily slowly, because the implementation of legislation can sometimes get delayed when it is not at the forefront of Parliament’s attention. The Bill is fundamental to supporting the levelling-up agenda, which is of great concern to us all, and net zero implementation. That is still a disappointment—I am sure we will come back to the need for net zero to be more explicit in the principles. It is important that we move forward as quickly as possible to ensure certainty in the subsidy control regime, and that we support research and investment. All of those measures are necessary. In this low-growth environment, it is important to get investment, and the necessary incentives for it, as soon as possible.

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