Enterprise and Regulatory Reform Bill — Report (1st Day) — 26 Feb 2013 at 15:59
Relevant documents: 9th, 10th, 11th, 12th and 14th Reports from the Delegated Powers Committee.
Moved by Lord Teverson
1: After Clause 1, insert the following new Clause-
“Interpretation of the green purposes: duty to assess impact on the Climate Change Act 2008
(1) In interpreting the purposes set out in section 1(1), it is the duty of the Board of the UK Green Investment Bank to assess whether the implementation of its investment strategy, or similar document outlining or amending the proposed investment portfolio, will as a whole, increase the likelihood of achieving carbon budgets and greenhouse reduction targets under the Climate Change Act 2008.
(2) In subsection (1), whether or not an investment strategy will increase the likelihood of achieving carbon budgets and greenhouse gas reduction targets shall be assessed compared to a scenario where the identified investments or investment categories did not proceed.
(3) In undertaking the assessment required under subsection (1), it is the duty of the Board of the UK Green Investment Bank to have regard to the advice and reports of the Committee on Climate Change as required under sections 34, 36 and 38 of the Climate Change Act 2008.
(4) The Board must not make a decision to adopt or amend its investment strategy or similar document as described in subsection (1), unless it is satisfied, as a result of the assessment conducted under that subsection, that the proposed investment portfolio will, as a whole, increase the likelihood of achieving carbon budgets and greenhouse gas reduction targets under the Climate Change Act 2008.”
Votes by party, red entries are votes against the majority for that party.
What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.What is Turnout? This is measured against the total membership of the party at the time of the vote.
|Party||Majority (Not-Content)||Minority (Content)||Turnout|
|Con||118 (+1 tell)||0||54.3%|
|Lab||1||146 (+2 tell)||66.5%|
|LDem||56 (+1 tell)||1||62.4%|
|Viscount Allenby of Megiddo||Crossbench||no|
|Baroness Butler-Sloss||Crossbench (front bench)||no|
|Viscount Craigavon||Crossbench (front bench)||no|
|Lord Craig of Radley||Crossbench||no|
|Lord Curry of Kirkharle||Crossbench||no|
|Lord Dear||Crossbench (front bench)||no|
|Baroness Deech||Crossbench (front bench)||no|
|Lord Eames||Crossbench (front bench)||no|
|Lord Hastings of Scarisbrick||Crossbench||no|
|Lord Laming||Crossbench (front bench)||no|
|The Countess of Mar||Crossbench (front bench)||no|
|Lord Patel||Crossbench (front bench)||no|
|Lord Rowe-Beddoe||Crossbench (front bench)||no|
|Lord St John of Bletso||Crossbench (front bench)||no|
|Lord Teverson||LDem (front bench)||aye|