Department of Energy and Climate Change
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CLEAN COAL FUNDING BILL ANNOUNCED
A new Energy Bill
was today proposed for the forthcoming session of Parliament as
part of the Government’s plans to lead the world in breakthrough
clean coal technology.
The Bill would enable the Secretary of State for Energy and
Climate Change to introduce a financial mechanism to fund up to
four commercial-scale Carbon Capture and Storage (CCS)
demonstration plants. The first of these could be feeding cleaner
energy into the grid by the middle of the next decade.
This follows the publication on 17 June of the Government’s
consultation document ‘A framework for the development of clean
coal’ which sets out how the Government proposes to reconcile the
need to curb emissions of carbon from future coal fired power
stations with the need to maintain a secure diverse energy mix.
The consultation also contains proposals for the detailed design
of the financial support mechanism that will be introduced through
the Energy Bill.
Energy and Climate Change Secretary Ed Miliband said:
“We’re moving fast on CCS. It’s a critical technology in the
fight against climate change and I want the UK to lead the world
with it. This Bill is about providing the finance needed for the
construction of commercial-scale demonstration plants.
“Through CCS we can develop a new high tech industrial
sector, we can maintain a diverse energy mix and, once deployed
around the world, make a major contribution to the fight against
climate change.”
The proposed Energy Bill was announced today in ‘Building
Britain’s Future’, published by the Prime Minister, which outlines
the Government’s priorities and its draft legislative programme.
This is now open for consultation before being finalised in the
Queen’s Speech in the autumn.
The shift to low carbon at home and abroad, and capitalising
on the opportunities presented by new green industries, is an
important part of building Britain’s future.
On Friday last week, Ed Miliband set out the Government’s
case for an ambitious global climate deal in Copenhagen, what it
should look like and why it’s of vital importance for every UK citizen.
In July he and Cabinet colleagues will set out a
comprehensive strategy on energy and climate change to meet the
UK’s carbon budgets, aimed at cutting emissions by more than a
third by 2020 and at least 80% by 2050. Central to this will be
shifting our electricity mix to low carbon – based around new
nuclear power stations, a massive expansion of renewables and
clean coal technology such as CCS.
1. To read more about Building Britain’s Future: www.hmg.gov.uk/buildingbritainsfuture
2. To read the full draft legislative programme: www.commonsleader.gov.uk/draftprogramme
3. To read the coal consultation document: www.decc.gov.uk/en/content/cms/consultations/clean_coal/clean_coal.aspx
4. To read the Government’s five point plan on tackling
climate change: www.decc.gov.uk/en/content/cms/news/pn062/pn062.aspx
5. To read ‘The Road to Copenhagen’: www.actoncopenhagen.gov.uk


