(1 month ago)
Lords ChamberMy Lords, I take the point, although I think it is right that we have some specific measures in relation to Grangemouth. I also think it is right to refer to a 2023 report by the CBI, which showed that there was a 9% increase in the green economy that year compared with 1% overall, and 950,000 people are now working in what could be described as a net-zero green economy. These are often very good, very well-paid jobs. We have a number of regional skills hubs. In the nuclear sector, we have a separate nuclear task force taking work forward in relation to this. The challenge we face is that, over the next few years, we need thousands more people to come into the low-carbon energy sector. We are doing everything we can, working with industry and with further education, to ensure that that happens.
My Lords, there are reports that, because of a loophole in the key energy scheme, Petroineos will get a windfall payment of £6 million. Rather than going to the multimillionaire Jim Ratcliffe, surely this money should be used for the retraining of the workers who are going to lose their jobs.
My Lords, obviously we should look very carefully at any loophole that may have been identified. I should make it clear that Petroineos has said that it has invested $1.2 billion since 2011 to maintain Grangemouth’s operation, recording losses in excess of $775 million during that period. Unfortunately, that is clear evidence that Grangemouth is not a viable commercial proposition.
(1 month, 2 weeks ago)
Lords ChamberTo ask His Majesty’s Government what discussions they plan to have with the Scottish Government regarding the extension of new nuclear power generation to Scotland.
My Lords, Scotland’s policy on new nuclear energy projects is a matter for the Scottish Government. We remain open to discussions with the Scottish Government on nuclear energy’s future in Scotland. In the meantime, we welcome EDF’s recent decision to extend Torness’s operation to March 2030.
My Lords, I agree that we should respect the role of the Scottish Government, but surely now is the time to stop pussyfooting around, when the Scottish Government say that they are quite willing to accept in the future electricity generated by nuclear in England. Given that energy is a reserved area, surely we should look at ways of stopping the blockers in Scotland, as well as in the rest of the United Kingdom. Will the Minister have a look at it?
(1 month, 3 weeks ago)
Lords ChamberMy Lords, when the carbon capture and storage schemes were given the go-ahead recently, the one in Scotland was not among those that were given the go-ahead. When does the Minister expect further consideration of this?
My Lords, we are of course in discussions with His Majesty’s Treasury over the next spending review and it would be premature for me to comment on any of the detail. Clearly, carbon capture, usage and storage have a very important role to play in the future, and I have noted my noble friend’s elegant bid for investment in Scotland in that regard.
(11 months, 2 weeks ago)
Lords ChamberNo, we believe that some customers prefer to have prepayment meters, which enable them to manage their credits and debts responsibly. Some customers choose that; some prefer direct debit; some prefer to operate on a normal credit basis. All choices will remain available. As I said, if they are not in debt, it is the customers’ choice as to what payment method they use.
My Lords, I have been away for a couple of weeks, and the answers on my return are no better than when I left. Can I give the Minister the opportunity to answer my noble friend’s question? Which organisation is doing best: Ofsted, keeping our education at a high level; Ofgem, causing problems for the consumers, not the suppliers, as we have heard; or Ofwat, for getting the rivers so polluted? Which is number one on his list?
Of course, the absence of the noble Lord has been a great loss to the House. While he may complain about the quality of some of the answers, some of us might take issue with the quality of some of the questions. The noble Lord is asking a very broad question about a whole range of regulators. I suppose I would say that perceptions of the quality of regulators may vary.
(1 year, 1 month ago)
Lords ChamberWe always take that advice into consideration. Covid was obviously a factor in that budget, but we overperformed on all the previous budgets before that as well. It is one factor; we will take it into consideration.
What discussions does the Minister have with his counterparts in Scotland? When he or his colleagues meet them, could he try to convince them to change their view on nuclear power? Nuclear power is one way of achieving our aim.
I have regular meetings with the Scottish Government, including my counterpart, who is from the Green Party—which makes for interesting discussions, as the House can imagine. The noble Lord is, of course, absolutely right: nuclear power is an essential component of power, both in Scotland and across the rest of the United Kingdom. We will certainly advise the Scottish Government of that. However, if they are crazy enough to dispense of their nuclear power, then their friends in the rest of the UK will be very happy to help out the people of Scotland.
(1 year, 4 months ago)
Lords ChamberI have certainly heard what the noble Baroness has to say on this. I cannot go any further than what I said last week. As soon as I have some further news, I will be sure to update her.
My Lords, as the Minister knows from last week, I was inclined to agree with the noble Lord, Lord Teverson, that it is good for Ministers to go out to Dubai. But then I heard that there are 90,000 delegates there—nearly twice as many as there were in Glasgow, all flying in. It will be the same next year, the year after that and the year after that. Why can this COP not be held virtually?
I think there is considerable sympathy for the noble Lord’s point of view. I went to the COP in Glasgow. Unlike the Greens, I went by rail.
(1 year, 5 months ago)
Lords ChamberMy Lords, perhaps I might say how pleased I am, personally, to see that the Minister has escaped the recent cull. Does he agree with me that, on balance, it is probably justifiable to use all this energy travelling to the United Arab Emirates for the Prime Minister and senior Ministers to come to an agreement—maybe even for the First Minister of Scotland to go there, using up all this energy as well? But what is the justification for the leader of Glasgow City Council, and entourage, doing it?
When the noble Lord started off with praise, I was waiting for the “but” to come into the question. The noble Lord will be pleased to know that I am not going to COP. My Secretary of State is there, with a number of other Ministers from the Government. I do not know what council leaders are going for, or what their role is going to be; that is something that they will need to answer for to their own electorates.
(1 year, 9 months ago)
Lords ChamberThe noble Lord makes a very good point. Those of us who use motorway service stations are often baffled as to why fuel is so expensive in them. This is something that we will want to keep a close eye on; again, price transparency—that is, motorists having the ability to check what fuel might be available just by taking an exit and going to a service station that is relatively close to a motorway—would be much more beneficial.
My Lords, Ministers, particularly the Prime Minister, do not seem to understand the problems of ordinary people. As far as fuel is concerned, whenever fuel costs go up for industry, prices go shooting up. When fuel costs go down, prices are very slow to come down. Now, we have the banks putting up interest rates for borrowers but not offering high-interest returns for savers. There are so many examples of where ordinary people are suffering. The regulators seem to do nothing about it; they seem more interested in the interests of the industries than in those of consumers. Is it not about time that we had some kind of directive for the regulators to look after consumers’ interests?
I understand the point that the noble Lord makes, but I think that he is being a little unfair. The CMA is a regulator, of course; this particular regulator very much had the interests of the consumer at its heart when it produced this report, which has widespread support and backing from all parts of the House. The Government will act on its recommendations, so that is a case of a regulator acting in consumers’ interests. The CMA is designed to produce competition, which is the best thing that can operate for the consumer.
The other example mentioned by the noble Lord is slightly off topic, but much more attractive interest rates are offered by a number of smaller financial institutions. It really is a question of the consumer shopping around, but plenty of information and online resources are available for someone to find the best return on their money. No doubt the noble Lord has lots that he wants to invest; if he looks at the various websites, he will be able to invest it well. Obviously, he is a well-known Scottish Member so is bound to have plenty of funds to invest.
(1 year, 9 months ago)
Lords ChamberI refer the noble Baroness to the answers I have given to previous questions. There are other biomass operations that fulfil the sustainability criteria. If any evidence is produced and if the noble Baroness has any evidence, I would be delighted to pass it on, but until then we should trust what they say.
My Lords, in answer to the excellent question from the noble Lord, Lord McLoughlin, the Minister said that officials had looked into this and that Ofgem was satisfied. But, as far as this House is concerned, it is the Minister who is responsible. What has he personally done to look into this since the programme aired so that he could have answered the Question from the noble Baroness, Lady Jones, properly?
(1 year, 11 months ago)
Lords ChamberIndeed, so that is true. For once noble Lords are agreeing with me: this House is not representative of the feelings of the British public. Therefore, the Joint Committees of Parliament, which include many from this House, who are hostile to what the British public voted to do in the past—