it appears that the decarbonisation amendment to Labour`s Energy bill was narrowly defeated rather than passed in the House of Lords.
A lot of Lib Dem and Tory Peers (encouraged by Lord Lawson) peers voted against the bill thus potentially averting future rises in energy bills.
Lords who voted for the decarbonisation amendment such as Lord May of Oxford had to declare business interests in low carbon and climate areas.
Lord Lawson spoke out in favour of abandoning the amendment.
He stated that consumers would be paying a 41%green levy if it was passed.
Lib Dem and Tory peers votes have thus helped consumers while most Labour peers voted in favour of the decarbonisation amendment which would have resulted in huge rises in electricity and gas.
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