(3Â weeks, 2Â days ago)
Lords Chamber
Baroness in Waiting/Government Whip (Baroness Curran) (Lab)
I thank the noble Lord for his warm welcome. We know each other, and I know that we both welcome robust discussion—which is just as well because I think we will have a few disagreements along the way. He made reference to the enormous contribution of my noble friend Lord Whitehead to this portfolio and the work that he has done. I have learned a lot, and will continue to learn a lot, from my noble friend.
On the substance of the issue the noble Lord raises, he will know that the Jackdaw and Rosebank fields are each subject to a live regulatory process. The public notice period is closing on 10 and 17 August respectively. We are part of that regulatory process. The Secretary of State will consider the representations received and make separate decisions on each project in due course. It would be inappropriate to comment further on either project because it is important to maintain the robustness of the process and not pre-empt or predetermine the decisions.
I note the detail of what the noble Lord asked me in relation to the Falklands. I refer him back to the comments of my noble friend Lady Winterton, and it would be inappropriate for me to comment further on that.
My Lords, I too congratulate the noble Baroness on her appointment, and I look forward to working opposite her. I also pay tribute to the outgoing noble Lord, Lord Whitehead.
I know the Minister is unable to comment before the decision, so instead I ask if she agrees with me that the Onward report, through which the Conservative Party has argued that we should abandon our net zero targets and could save ÂŁ320 billion, is not worth the paper it is written on, as it is based on an incorrect underlying assumption that future gas prices will be low and stable and would result in an extra 524 million tonnes of carbon dioxide emissions by 2050.
Baroness Curran (Lab)
I thank the noble Earl for that question and for his welcome, and I pay tribute to his work on this issue in the House. Again, I have learned a great deal and will continue to do so from listening to his speeches. I recognise and appreciate the point being made about the Rosebank and Jackdaw decisions. I recognise the interest in them, but I cannot be drawn on that.
On his wider point, the noble Earl is right about the Onward report, the general disappointment people feel at the breaking of the consensus we have seen from the Conservative Party over recent months, and how significant that is. He will know that climate scientists and energy industry bodies have overwhelmingly challenged the report’s methodology and logic as applied to grid and infrastructure costs, and how it has costed the high volatility of gas along with its political and economic costs.