Finance Bill (Second sitting) - 30th June 2016

Here are the climate-related sections of speeches by MPs during the Commons debate Finance Bill (Second sitting).

Full text: https://hansard.parliament.uk/Commons/2016-06-30/debates/BC9EA961-34BE-40D8-B956-85E2B5AF3760/FinanceBillSecondsitting

Rob Marris

(a) the renewable energy sector,

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14:32 Mr Gauke

Amendment 135 would require a report to be published on the impact of the exclusion of energy generation from the venture capital schemes on the renewable energy sector, community energy projects and the energy sector. Such a report would need to be published within one year of the Bill becoming an Act. The Government provide a range of support for renewable energy, and that support will double over this Parliament, reaching more than £10 billion in 2020-21. That represents a sixfold increase in spend since 2011-12. The relief schemes I have mentioned serve a different purpose: to help smaller, higher-risk companies across a range of sectors to access the investment they need to grow and create jobs.

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