Does my hon. Friend therefore agree that, with regard to the need to convert to renewables in the long run, one of the dangers of a very low oil price, other than restricting margins in the oil industry, is crowding out investment in renewables, and that therefore the cost-effectiveness of investing in renewables now should not be engaged by the current spot price of oil in the marketplace?
Energy Bill [Lords]
Proceeding contribution from
Geraint Davies
(Labour)
in the House of Commons on Monday, 18 January 2016.
It occurred during Debate on bills on Energy Bill [Lords].
About this proceeding contribution
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604 c1156 Session
2015-16Chamber / Committee
House of Commons chamberSubjects
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2016-06-23 14:28:37 +0100
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