My noble friend is absolutely right to raise that issue. The southern corridor project is a key pillar of EU and UK energy security and will bring gas from Azerbaijan directly to Europe. The choice of the most viable route is a commercial decision for those investing in the production and transport infrastructure. The UK Government support the southern corridor project but we cannot involve ourselves in the commercial decisions.
My Lords, if there is disagreement within the coalition, that is perfectly understandable. However, shale is very important internationally and nationally. In those circumstances, would it not be sensible to bring it to Parliament to decide?
My Lords, there is no division on shale. There was a decision taken by the coalition Government to support a diverse range of energy supply, so I reassure the noble Lord that there is no dissent in government on this issue.
My Lords, my noble friend is aware, of course, that the Treasury and the Government are very keen to explore all sources of energy. Shale gas will provide the UK with greater energy security, economic growth and jobs, and the Government are encouraging exploration to determine this potential.
My Lords, I suppose that we have all been nimbys at one time or another but it is important now that the public interest should be the main issue. Unfortunately, it looks as if the companies that are investing in fracking are being stopped or delayed, and that is clearly not in the public interest. As I am sure the Minister knows, all the evidence shows that there is only a low public health risk, and even that could be reduced considerably by proper regulation. In those circumstances we need the full support of both sides of the House. I hope that my own party will strongly support the Government on this, although there may be some critical points. What can the Minister tell us about what they are doing strongly to support the companies that are bringing in the private investment which is desperately needed in this vital matter?
My Lords, the noble Lord is absolutely right that this is an important source for us, and as with all things, we are making sure that the environmental protections are in place. We have a very strong regulatory process in this country, as he said. We are doing whatever we can to ensure that the process is followed through smoothly and as quickly as possible so that this industry which is investing in our country is not hindered by unnecessary regulations and red tape.
(13 years, 8 months ago)
Lords ChamberNo, my Lords, I cannot agree with the noble Lord. I have made it clear throughout my responses that we support raising labour standards in global supply chains. The number of fairtrade-certified producers has increased from 1.1 million to 2.5 million. That is an improvement. We are not going backwards, but we need to make sure that every penny we spend is spent well.
The Minister talks about spending money well. Will she tell us whether discretionary funding is still available to her department from the reserves available to the Treasury?