Except that the rest of my answer to the Senator from Virginia is, any increase in revenue that came into the Government as a result of the cap-and-trade system on powerplants would then go straight back to the working people who pay their electric bills instead of coming into the unwieldy contraption this bill sets up which creates what I call a slush fund.
Discussing the implications of a cap-and-trade system during a debate.
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More from Douglas Alexander
It’s no secret that I was not a supporter of leaving the European Union, and I called out early as trade minister what I described as the ‘post-imperial delusions’ of the Brexiteers.
We’re already paying a real economic price for putting up new barriers to our European neighbours who, with almost half of total UK trade, remain easily our largest trading partners.
In just a matter of months, it will have been outlawed by this Labour Government.
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