New Clause 22 — Interpretation of the green purposes: duty to assess impact on the Climate Change Act 2008

Part of Relationship, Drug and Alcohol Education (Curriculum) – in the House of Commons at 3:45 pm on 17th October 2012.

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Photo of Iain Wright Iain Wright Shadow Minister (Business, Innovation and Skills) 3:45 pm, 17th October 2012

Will the Minister talk us through a scenario in which an investment decision might be made, say, for offshore wind capability, where prices may be cheaper in, say, Germany than in the United Kingdom? Will cost or the achievement of the bank’s purposes be the key consideration? What conflict and tension exist between cost, value for money and the supply chain capability here in the UK?