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Today we're launching the Red Tape Challenge.
This has gone live on the website today,
and what we've been doing is meeting with
many businesses, consumer groups, environmental groups this morning
to get their involvement in the regulatory approach we need to take.
We know regulation's important, it's there to help ensure
that we meet our low-carbon objectives and our environmental objectives.
But we have to make sure it's done in a way
that doesn't impose unnecessary burden to business.
We want small and medium-sized companies to prosper,
we need to understand the challenges which they face.
We need to understand the challenges which the larger companies face
as we try and move to a low-carbon economy,
as we try to guarantee our security of supply,
but as we critically try to do that at the lowest cost to consumers.
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