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| | For other Amendment(s) see the following page(s) of Supplement to Votes:
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| | Energy Bill [Lords], As Amended |
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| | | Supplementing the Energy Company Obligation |
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| | To move the following Clause:— |
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| | | ‘(1) | The Secretary of State must, within six months of this Bill receiving Royal |
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| | | Assent, report to Parliament with proposals on the ways in which the Energy |
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| | | Company Obligation could be supplemented by— |
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| | | (a) | revenues from the European Emissions Trading Scheme; |
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| | | (b) | revenues from the Carbon Floor Price; |
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| | | (c) | an additional tax on the profits of gas transporters and suppliers, and |
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| | | electricity generators, distributors and suppliers; and |
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| | | (d) | such other funds as the Secretary of State considers appropriate. |
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| | | (2) | In considering the supplement to the Energy Company Obligation that may be |
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| | | made by the sources of funds listed in section (1) the Secretary of State must |
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| | | (a) | the extent to which the additional sources of funds listed in subsection (1) |
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| | | could increase the contribution made by a carbon emissions reduction |
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| | | target and a home-heating target to meeting— |
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| | | (i) | the carbon budgets established under the Climate Change Act |
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| | | (ii) | the fuel poverty target established under the Warm Homes and |
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| | | Energy Conservation Act 2000. |
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| | | (b) | the extent to which the additional sources of funds listed in subsection (1) |
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| | | could allow the Secretary of State to increase the level of a carbon |
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| | | emissions reduction target and a home-heating cost reduction target |
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| | | without increasing the cost of household gas or electricity bills. |
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| | | (3) | The proposals reported under subsection (1) of this Clause must include an |
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| | | assessment of the extent to which the Energy Company Obligation could make a |
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| | | (a) | the carbon budgets established under the Climate Change Act 2008, and |
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| | | (b) | the fuel poverty target established under the Warm Homes and Energy |
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| | | if charges levied on consumers’ bills under this obligation were levied on a per |
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| | | (4) | The assessment made under subsection (3) must take into account the effect on |
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| | | equity for those living in fuel poverty of levying charges on consumer bills under |
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| | | the Energy Company Obligation on a per kilowatt hour basis.’. |
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| | | Support from the Green Investment Bank |
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| | To move the following Clause:— |
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| | | ‘(1) | The Secretary of State must, within six months of this Act receiving Royal |
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| | | Assent, report to Parliament with proposals on the ways in which the Green |
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| | | Investment Bank could maximise the take up of the Green Deal. |
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| | | (2) | The report required by section (1) shall include an examination of the extent to |
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| | | which action taken by the Green Investment Bank could— |
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| | | (a) | reduce interest rates linked to the repayment of Green Deal loans and the |
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| | | impact this may have on consumer demand; |
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| | | (b) | support the research into and development of technologies which could |
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| | | increase household energy efficiency.’. |
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