Climate Change Policies Debate
Full Debate: Read Full DebateDepartment: Department for Energy Security & Net Zero
Lord Framlingham
Main Page: Lord Framlingham (Conservative - Life peer)Department Debates - View all Lord Framlingham's debates with the Department for Energy Security & Net Zero
(1 year, 3 months ago)
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Lord Callanan (Con)
As the noble Lord knows, net zero is a legal commitment imposed on us by Parliament; it is the duty of Ministers to meet that commitment, and we will do so. As I have said, we are currently overachieving on carbon budgets 4 and 5; carbon budget six does not start until 2033. I have sat down with policy officials, and we are confident that we are on track to meet that as well. We are attracting record amounts of inward investment into this country. I talked earlier about the windfarm industry; we could talk about hydrogen or CCUS—the UK is world-leading on all those policies and many global companies are rushing to invest in the UK. Our difficulty is prioritising some of that investment.
