UK Parliament / Open data

Energy Bill [HL]

My Lords, my noble friend makes a valid point about the decommissioning costs and costs in general, which are very much at the forefront of the Government’s thinking. He will be aware that the Oil and Gas Authority is essentially

being paid for by the industry. Other than initial seed corn support of a small amount from the Government and the Government conceivably stepping in in an emergency situation, it is self-financing. But there are aspects that we will come to later in the legislation that talk about the public purse, this being one consideration that has to be borne in mind in relation to relevant activities. I need no persuading that costs are central to what we are looking at here.

About this proceeding contribution

Reference

764 c1232 

Session

2015-16

Chamber / Committee

House of Lords chamber

Subjects

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