Baroness Chakrabarti
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Net-zero Emissions Target
Baroness Chakrabarti Excerpts(3 years, 1 month ago)
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Baroness Chakrabarti (Lab)
My Lords, on the one hand we have soaring utility prices, and on the other hand we have imminent climate catastrophe. The Minister repeatedly says he wants to move in an orderly fashion. Does that not point towards greater intervention and greater public ownership of vital utilities?
Lord Agnew of Oulton (Con)
I am sure the noble Baroness will know that the current squeeze on gas prices has nothing to do with the quantity of gas available; it is a geopolitical move by Russia to put pressure on Europe, and we are caught up in it. Public ownership of our own utilities would make no difference.