Climate Risk Models

Debate between Baroness Vere of Norbiton and Baroness Sheehan

Thursday 25th January 2024 Lords Chamber

[Baroness Vere of Norbiton (Con)]

I am well aware of the Government’s work on forest risk commodities, which is under way, as it falls within my portfolio. I cannot give the noble Lord any further timings at this moment, but suffice it to say that we are working on it.

[Baroness Sheehan (LD)]

My Lords, I think I heard the Minister say that the next round of the climate biennial exploratory scenarios needs to accommodate disruptive climate events in the 2020s and take account of the revised scientific consensus about the speed—that is the key word—with which adverse climatic events are being observed and new emerging evidence since the 2021 report. Will the Government ask the PRA to do this as a matter of urgency, with a real emphasis on urgency?

[Baroness Vere of Norbiton (Con)]

No, the Government will not ask the PRA—or indeed anybody else—to do that as a matter of urgency. It is up to those independent regulators to decide the next stage at which CBES may be rerun. However, an important learning experience came out of CBES, which was that many of the capabilities needed to be embedded in the system. It is pointless running a scenario if the underlying information and the risk scenarios and outcomes coming from firms have not been updated to reflect the new scenarios. The independent regulators are very seized of the issue. Obviously, CBES will be run in due course if the Bank of England decides that the results of its previous running have been embedded in the system.

Vehicles: Purchase Price and Running Costs

Debate between Baroness Vere of Norbiton and Baroness Sheehan

Monday 24th October 2022 Lords Chamber

[Baroness Vere of Norbiton (Con)]

Of course, a lot of the design and innovation that went into the Mini did come from the UK, but the Government are clearly not going to get involved in some decisions by private companies as to where they do their manufacturing. However, we can provide support to companies to make sure that they do manufacture in the UK and that is why we have the automotive transformation fund.

[Baroness Sheehan (LD)]

My Lords, can the Minister reassure the House that the end-life of EV batteries will not be landfill? Also, can she update the House on government support for research into the remanufacturing of EV batteries?

[Baroness Vere of Norbiton (Con)]

It is really important that we understand what happens to batteries throughout their lives. It is the case though that there are 20 million EVs on the world’s roads already and there is no evidence to suggest that their lifespans are any different from those of a petrol or a diesel vehicle. We expect that many EV batteries will have a guarantee of about eight years, or 100,000 miles. As for the end of their lifespan, it is very important that we focus on recycling. Of course, the Government are focused on that, and I will write to the noble Baroness with more information.

Electric Vehicles: Charging Points

Debate between Baroness Vere of Norbiton and Baroness Sheehan

Monday 14th March 2022 Lords Chamber

[Baroness Vere of Norbiton (Con)]

This links into the measures that we announced in December 2021, when we said we were looking at a mandate for new standards for reliability. Obviously, if there are new standards for reliability, there will have to be penalties if companies do not meet those standards.

[Baroness Sheehan (LD)]

My Lords, the increasing number of charging points for electric vehicles and the demand for heating homes through heat pumps will add quite a lot of extra demand on the national grid, which is currently ill equipped to meet it. What urgent attention is being paid to managing demand—for example, by increasing insulation in homes and perhaps by reducing speed limits?

[Baroness Vere of Norbiton (Con)]

My Lords, we recognise that there will be an increased demand on energy infrastructure, both overall and particularly during peak periods. We are confident that the existing operators will be able to meet that demand, but of course we are working with the sector to ensure that it is efficient and sustainable. One of the things we are doing, for example, is looking at V2X technology, which is when you export energy from a vehicle back into the grid when it is not being used. Indeed, we have invested £30 million of funding in V2G projects—from the vehicle to the grid—and that is one of the ways in which we will ensure that our energy networks can cope.

Hammersmith Bridge

Debate between Baroness Vere of Norbiton and Baroness Sheehan

Wednesday 9th September 2020 Lords Chamber

[Baroness Vere of Norbiton (Con)]

I will not return to the issue of funding because we have been around that house already. The Secretary of State used a turn of phrase about bashing heads together, but all noble Lords will recognise what we are trying to do. This morning I spoke to Stephen Cowan, the leader of Hammersmith and Fulham Council, to explain our intentions to him. He has committed that he will work collaboratively with us while recognising that there will be some political noises off, as there always are in these matters. However, it is absolutely clear to me that we must work together for the people of south-west London. I spoke also with Andy Byford, the new TfL commissioner. He reassured me that his engineers also have some good ideas, so now we have to get all these engineers together to find out what they think.

[Baroness Sheehan (LD)]

My Lords, let me cite two examples of why urgent action is needed now. First, and I declare my interest here, my niece’s 12-minute walk to school has now become an almost two-hour commute, and this is her A-level year. About 1,000 other children are likewise impacted. Secondly, let me read out an email from my honourable friend Sarah Olney in the other place, which I received a few minutes ago:

“We had a call from a complex casework constituent who has been waiting for the 533 bus at the Lonsdale Road stop for 90 minutes. Apparently, there is a whole crowd of people there waiting for a 533. She is taking someone to Chelsea and Westminster Hospital for a surgery, which she is already late for. The hospital had said if he isn’t there by 12.30, they will have to bump him from the surgery list.”


This is really urgent. Can something be done now?

[Baroness Vere of Norbiton (Con)]

My Lords, I know it is really urgent; I do not need an email to confirm that. I can reassure the noble Baroness that when I spoke to Andy Byford this morning, I asked him specifically about the 533 bus. He has reassured me that he will increase its frequency.