Security of Supply

Part of the debate – in the House of Commons at 3:30 pm on 12 January 2006.

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Photo of Alan Duncan Alan Duncan Shadow Secretary of State (Trade and Industry) 3:30, 12 January 2006

If the hon. Gentleman had listened a bit more carefully, he would have heard the rest of what I said. I suggest that he reads Hansard.

The Secretary of State has to contend with the serious problem that for those wanting to invest in energy generation, in our current investment climate, the only viable sector that justifies long-term investment is gas. That is a massive problem for the balance that I imagine he wants in investment decisions. The present investment climate, which makes gas more attractive than anything else, compounds and risks compounding further our dependence on gas as our principal source of fuel.