Oral Answers to Questions

Debate between Lord Sharma and James Davies

Wednesday 20th April 2022 Commons Chamber

[The COP26 President (Alok Sharma)]

The latest report by the Intergovernmental Panel on Climate Change, which was published this month, makes it clear that the window to limit the average global temperature rise to 1.5° is closing alarmingly fast. We need to make faster progress, so the UK continues to urge all Governments, but particularly those in the G20, to honour the promises that were made in the Glasgow climate pact. We are also working to get finance flowing to climate action. Last month, I co-chaired a meeting of G7 Ministers, multilateral development banks and the private sector on the expansion of just energy transition partnerships to support developing nations. Today, I will travel to the World Bank spring meetings to drive that work forward.

[Dr Davies]

What steps is my right hon. Friend taking to ensure that rising international gas prices do not push back up the use of coal?

[Alok Sharma]

At COP26, all countries agreed to phase down the use of coal domestically, and we will continue to urge them to deliver on that commitment. As a result of the current energy security and pricing issues, I do believe that we will see an acceleration of renewables and clean energy capacity globally.

Oral Answers to Questions

Debate between Lord Sharma and James Davies

Wednesday 1st December 2021 Commons Chamber

[Alok Sharma]

The hon. Lady raises an important point. One issue is about the quantum of money; the other is access to finance. That is why we are now launching five pilot projects in developing countries around the world to ensure that access to finance is much better.

[Dr James Davies (Vale of Clwyd) (Con)]

T4. My right hon. Friend will know the increasing importance of north Wales in supplying clean and green energy to the national grid. Further to COP26, how would he describe the prospects for tidal range technology in the region?

[Alok Sharma]

My hon. Friend is a great champion for his community on this particular issue. He will know that the Government remain open to considering well-developed proposals for harnessing tidal range energy in the bays and estuaries around our coastlines. Obviously, I recommend that he also speaks to the Department for Business, Energy and Industrial Strategy.

Oral Answers to Questions

Debate between Lord Sharma and James Davies

Tuesday 15th December 2020 Commons Chamber

[The Secretary of State for Business, Energy and Industrial Strategy (Alok Sharma)]

Both the Prime Minister’s 10-point plan and our energy White Paper, which we published yesterday, set out our bold ambition for the UK to be a world leader in low-carbon hydrogen. As set out in the White Paper, we are determined to make tangible progress in this important sector, including by investing £240 million through the net zero hydrogen fund and supporting industry to begin a hydrogen heating trial in an entire neighbourhood by 2023. We will publish a comprehensive hydrogen strategy early next year.

[Dr James Davies]

The development of hydrogen energy can lead to thousands of new jobs UK-wide, including an estimated 6,000 in my region through the HyNet project. Will my right hon. Friend do all he can to help HyNet access industrial decarbonisation challenge funding to allow it to progress?

[Alok Sharma]

My hon. Friend is absolutely right: this is all about jobs—high value-added jobs. He, along with other colleagues in the House, makes the case at every opportunity for the HyNet project, and it is very lucky to have him as a champion. As he will know, HyNet has already received funding through phase 1 of the industrial decarbonisation challenge, as well as £13 million of support through the Department for Business, Energy and Industrial Strategy energy innovation programme. We will announce the winners of the next phase of the industrial decarbonisation challenge in spring next year.

Energy White Paper

Debate between Lord Sharma and James Davies

Monday 14th December 2020 Commons Chamber

[Alok Sharma]

As the hon. Gentleman knows, the £3 billion funding that the Chancellor announced some months ago includes funding for social housing. We are making progress with the green homes grant. Thousands of vouchers have been issued, and the Department is doing its bit daily to ensure that we issue more vouchers to those who have applied and have more installers coming on to the system.

[Dr James Davies (Vale of Clwyd) (Con)]

The north Wales Mersey Dee region has the potential to be at the centre of a green industrial revolution, from Wylfa Newydd and offshore wind to a gigafactory, hydrogen production and carbon capture, but there is also great interest in harnessing tidal energy, as my right hon. Friend the Member for Clwyd West (Mr Jones) said, so will the Secretary of State take this on board? Will he also acknowledge the coastal protection benefits that a tidal lagoon could bring?

[Alok Sharma]

It is clear that there is huge support on this side of the House for marine energy projects, and as I have said, we want to look at any projects that come forward that can be supported by the contracts for difference auction process during next year and by any innovation funding that is available.

Oral Answers to Questions

Debate between Lord Sharma and James Davies

Tuesday 29th September 2020 Commons Chamber

[Dr James Davies (Vale of Clwyd) (Con)]

What steps his Department is taking to support businesses during the covid-19 outbreak.

[The Secretary of State for Business, Energy and Industrial Strategy (Alok Sharma)]

My Department has delivered a wide range of measures as part of the Government’s unprecedented support package. That includes £11 billion in grants supporting almost 900,000 business premises and over £57 billion in loan guarantees to over 1 million businesses across the UK. We have also extended the deadline for the loan schemes to the end of November, ensuring that there is further support for those who need it.

[Alok Sharma]

I agree with my hon. Friend: we need to build back better and build back greener. CCS will be an essential part of the transformation to a low-carbon economy, and it presents an opportunity for the creation of high-value jobs, which we want to see in our country. We have already announced a CCS infrastructure fund of £800 million to deploy carbon capture and storage in at least two industrial clusters over the next decade.

[Dr Davies]

Many businesses in the Vale of Clwyd welcome the measures that the Chancellor announced last week, but some local and regional employers of all sizes still face significant challenges—none more so than Airbus. Will my right hon. Friend recommit to doing all he can to support Airbus and its highly skilled staff at this particularly uncertain time?

[Alok Sharma]

My hon. Friend and other Members are champions for the businesses in their constituencies. Airbus has been discussed with me and other ministerial colleagues. Of course, Airbus is a vital part of UK aerospace. We are currently providing the aerospace and aviation sector with over £8.5 billion of support through the covid corporate financing facility, R&D grants, loan guarantees and export support. We are in regular dialogue with Airbus, to see how we can assist it and its employees.

Covid-19: Business

Debate between Lord Sharma and James Davies

Tuesday 12th May 2020 Commons Chamber

[Alok Sharma]

I would not say that businesses have been excluded. Indeed, if we look at the range of what is available in terms of loan schemes it covers the smallest businesses right to the very largest. We are seeing significant take-up particularly of the Bounce Back loan scheme. I made an announcement about the top-up to the local business grant fund scheme that we already have—almost £9 billion has gone out. This is a discretionary fund that is being set up to support businesses as well.

[Dr James Davies (Vale of Clwyd) (Con) [V]]

Will my right hon. Friend confirm that he is looking at how certain tourism and leisure facilities might open safely as and when the covid alert level is low in all parts of the UK?

[Alok Sharma]

I know that my hon. Friend is a champion for businesses in his constituency and he will be concerned for them. The Prime Minister has set out a timeline, but, as he has said, we also have to be cautious about how we proceed. We are currently looking at hospitality opening at some point in July, but that is entirely dependent on making sure that we keep the R factor down. In the meantime, as my hon. Friend knows and has heard from the Chancellor, additional support is being provided.