Crown Estate Bill [HL]

Debate between Earl Russell and Lord Berkeley

3rd reading
Monday 18th November 2024 Lords Chamber

[Lord Berkeley (Lab)]

My Lords, I intervene briefly to congratulate my noble friend on getting this Bill as far as he has. I was very pleased to see that His Majesty the King has given consent to a Bill which will make him many times richer over the course of the next decade or so—that is good. I ask why the Duke of Cornwall has not been included in this. We have been debating his involvement for some time and it would be good to know whether the Duchy approved this Bill or not.

[Earl Russell (LD)]

My Lords, I briefly thank the Minister and all his Bill team, and Members of the House who have taken part in the debates on this Bill and contributed to many worthwhile and positive changes to the draft legislation. From these Benches, I reiterate that we support this partnership with the Crown Estate and believe it is important as part of our energy transition.

My sincere belief is that the Bill leaves us in a stronger and better place than when it arrived. We have all worked constructively to make important amendments. I thank the Minister for his courteous engagement and positive response to the issues that noble Lords have raised with him.

The publication of the business case, largely thanks to my noble friend Lady Kramer, has meant that the memorandum of understanding has given confidence and a better understanding of the partnership with GB Energy and how it will operate in practice. That was a key element in the House’s understanding.

The Minister has spoken from the Dispatch Box on the cap on the level of borrowing. That was most welcome as there is no cap in the Bill.

I thank all those who raised the important issue of devolution of the Welsh Crown Estate. A compromise agreement from the noble Lord, Lord Hain, ensured that there were concessions and that all the commissions from the devolved regions have a place.

I congratulate the noble Baroness, Lady Hayman, and the Minister on working together to agree an environmental duty. I also thank the Minister for adding a duty to report on the relationship with Great British Energy. Taken together, it is extremely important that these duties are written into the Bill and included in the framework agreement, and that the Crown Estate needs to report on them. These are not constraints but real responsibilities for the Crown Estate, which will need to meet them. They are safeguards that will exist for evermore.

It was a pleasure to move the amendment tabled by the noble Baroness, Lady Young, which might perhaps be taken up in the Commons. I thank the noble Baroness, Lady Vere, for her amendments. I am disappointed that her amendment on pre-appointment scrutiny for the chair of the Crown Estate board has not come back today, but that too may be taken up in the Commons.