New Clause 10 — Green deal installation apprenticeships

Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 2:30 pm on 14th September 2011.

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Photo of Barry Gardiner Barry Gardiner Labour, Brent North 2:30 pm, 14th September 2011

The Minister has explained candidly that the ECO is a regressive measure that will be imposed on general utility bill payers and that it will be an additional cost for them. He has also alluded to the fact that the Government removed the cost of carbon capture and storage from those bills on coming into office. Will he give an undertaking that the additional amount he proposes to impose on bill payers through the ECO will not be greater than what he and his Government have already taken off bill payers through their previous measures? He talks of securitisation in the bond markets, but will he explain how a default rate can be estimated, given his assertion that there will be no possibility of defaulting on that part of the bill?