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Charles Hendry (Shadow Minister, Business, Enterprise and Regulatory Reform; Wealden, Conservative)

I thank the witnesses very much coming here, and give special thanks to the EEF for being here as the voice of business in the absence of the CBI.

In the TUC’s submissions, you said that you are keen to see a carbon price that is set high enough to create a credible and effective emissions trading scheme. Can you give us more detail about what that means? Are you specifically seeking to have a floor price on carbon, so that it should not drop below a certain price per tonne? If so, I would also be interested in knowing the views of the EEF about the views of business with regard to a floor price on carbon.

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