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Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"My Lords, this Bill is about finance as much as it is about nuclear power. Labour believes that new nuclear has an important supporting role to play in the energy mix, alongside the decisive shift to renewables needed to deliver the climate transition and low-carbon energy and secure our energy …..."
Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"..."
Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"My Lords, I shall speak also to Amendment 6 in this group.

Amendment 2

“makes clear that a company may not be designated by the Secretary of State if it is owned, wholly or in part, by a foreign power or entity specified in regulations laid by the Secretary of …..."

Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"I am very grateful to the Minister for his detailed response to these amendments and to the noble Lord, Lord Vaux, who ably introduced his amendments and made many powerful arguments in their favour. I appreciate the sentiment and tone of the Minister’s response. It is unusual to hear a …..."
Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"..."
Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"My Lords, I am sure this group will be very brief. Amendment 5 does exactly what it says: it instructs

“the Secretary of State to compel a nuclear company to collect data relating to domestically produced goods and fuel, with such data to be shared with (and published by) the …..."

Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"I thank the Minister for her response and for her assurances. It is good to hear that the information on where the products come from is shared with the department. We were hoping that it could be shared more widely and publicly to help promote our industries. With that, I …..."
Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"..."
Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"My Lords, Amendment 11 would require the Secretary of State to undertake an assessment of the case for establishing a state-owned entity to take over the delivery and operation of a nuclear project in the event that a nuclear company fails and cannot be saved or have its assets transferred:

…..."

Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill

Speech in Lords Chamber - Thu 24 Mar 2022
Nuclear Energy (Financing) Bill

"My Lords, I am really looking forward to reading Hansard tomorrow and I compliment the Minister on hiccuping his way through the whole of his response, as with his introduction.

I thank the Minister for his detailed explanation and response to my Amendment 11 and for committing those words to …..."

Lord McNicol of West Kilbride - View Speech

View all Lord McNicol of West Kilbride (Lab - Life peer) contributions to the debate on: Nuclear Energy (Financing) Bill