(3 years ago)
Lords ChamberThe Committee on Climate Change has made it clear that we still need fossil fuels for the transition. I remind the noble Baroness that the UK is responsible for only 1% of worldwide emissions. Yes, we must do our bit, which we are—we are a world-leading power in that respect—but we also need to work on a worldwide basis with other nations, because just stopping emissions in the United Kingdom will not solve the problem.
My Lords, the Government had four key objectives for the summit next week in Glasgow. The third of those, and the one that was in many ways among the most important because of the failure to deliver it over the past decade, was the objective on finance and delivering $100 billion per annum of support for those developing countries that would miss out as a result of moving towards net zero. The Government have admitted this week, in advance of the summit, that that objective is not going to be met. Does the Minister agree that one reason for that might just be the fact that our Government—our country—withdrew on their commitments to the world’s poorest people this year and that that might just have affected the atmosphere around decision-making and the commitments that might then be made by others?
No, I do not accept that, because the UK, even after the recent reduction, still has one of the largest international climate finance facilities in the world. Again, on international finance, we are world-leading as well. It was an immense diplomatic effort to get many other nations on board—credit goes to the Prime Minister and to Alok Sharma for managing to do that. We have got the commitment, albeit maybe not as early as we would have hoped for, from 2023.
(3 years, 1 month ago)
Lords ChamberI agree with the comments made by my Secretary of State yesterday. There are always ongoing discussions between government departments on a huge range of measures, and I am sure that the Treasury and BEIS will be closely involved in further discussions.
My Lords, at the start of the pandemic last year, as a result of the lockdowns there was a significant problem in developing countries around the world in trading, due to the lack of access to shipping and other forms of freight. This problem could be exacerbated by the correct action to reduce and—I hope—eliminate emissions. Will the Government ensure that the COP 26 summit in Glasgow delivers enough funding and other forms of support to developing countries to make sure that there can be a just transition?
Again, in this matter we are leading with the funds that we have supplied to developing countries and we have promised. The Prime Minister and the joint president at COP are engaged in discussions as we speak, to try and drive up the commitment of developed countries to help lower-developed countries with their aspirations.
(3 years, 4 months ago)
Lords ChamberUltimately, it is of course for the company to manage its commercial decisions for the future and to find a successful buyer, but we hope this company succeeds with its plans to refinance. With regard to investigations, the noble Lord will know that I cannot comment.
My Lords, I declare my membership of the Community trade union, which represents steel-workers, and my former role as Member of the Scottish Parliament for Motherwell and Wishaw—a proud steel-making constituency, where the number of jobs today is a fraction of what it was in the past but where real quality steel is still made at the Dalzell works. Therefore, I ask the Minister to confirm today, on behalf of the Government, that they will work closely with the Scottish Government, who have a role in both procurement and decarbonisation. We need all levels of government in the UK to work together to ensure a strong future for the UK steel industry, in Scotland as well as the rest of the UK.
I can certainly give the noble Lord the assurances that he is looking for: we will work with all partners, domestic and international, in order to ensure that the UK steel sector has a viable future. Of course, we all know the challenges that it faces, but we are committed to doing what we can to help it. I mentioned the steel council, which was reformed, with government, the industry and the trade unions working together to produce a viable future for the industry. It has met twice already and will meet again further this month, chaired by my right honourable friend the Secretary of State.
(3 years, 4 months ago)
Lords ChamberThe noble Lord will I am sure be delighted to hear that we are launching a new contracts for difference round in December.
My Lords, the best multinational companies have actually been ahead of the Government in relation to the sustainable development goals. Therefore, I wonder whether the Build Back Better World initiative announced at the G7 summit recently by the Prime Minister will actively engage multinational companies in delivering the sustainable development goals, and will the UK have a key role in taking forward this initiative after leading the G7 in Cornwall last month?
The noble Lord makes a very good point, and indeed we will. Already, 40 of the UK’s leading companies have joined the net-zero challenge and, as he will be aware, as part of the 10-point plan, the Government have invested over £12 billion to stimulate a green industrial revolution in the UK supporting up to 250,000 jobs.
(4 years, 3 months ago)
Lords ChamberI agree with the noble Lord that the internal single market is indeed the economic glue that binds the four nations together. I can confirm that we will continue to respect the devolution settlement and indeed, as I said in response to earlier questions, the devolved Administrations are gaining many new powers as we leave the European Union. There is no power grab involved here—in fact, the opposite is the case—and we will continue to want to work as quickly as possible with the devolved nations and legislatures as much as we can.
My Lords, I am grateful to the Minister for his courtesy on the day the White Paper was launched. I hope that over the coming months, we in both Houses of Parliament will apply rigour to the debates on these proposals, because they are absolutely vital, economically as well as politically, for the United Kingdom.
I will ask the Minister two questions. I am impressed with the idea of the market access guarantee, which is the most novel and interesting proposal for the way we work inside the UK since the Fresh Talent visa of 2004. However, I would like to know how that and the subsidy control proposals that will come forward will be overseen. Will the Government consider an independent mechanism for both or either, and if so, would they give an opportunity to the devolved Governments in Edinburgh, Cardiff and Belfast, to nominate individuals to sit on any body that oversaw that independent mechanism for compliance?
I thank the noble Lord for his support. I was happy to be able to brief him personally on the proposals, because I know he speaks with great authority on this subject. He is right to refer to the market access commitments. It is a simple set of legal principles which guarantees UK businesses access to trade across England, Scotland, Wales and Northern Ireland. They have tremendous benefits for businesses in Scotland and Wales, as well as those in England. The noble Lord is right to say that we are considering setting up a body to monitor the operation of the single market across the United Kingdom. If we proceed with those proposals, I am sure that it will be sensible to have representation from the devolved Administrations.