COP 26: Sponsors Debate
Full Debate: Read Full DebateLord Grantchester
Main Page: Lord Grantchester (Labour - Excepted Hereditary)Department Debates - View all Lord Grantchester's debates with the Department for Business, Energy and Industrial Strategy
(4 years, 2 months ago)
Lords ChamberWe will be closely studying and monitoring companies that come forward for these sponsorship opportunities, which will favour taxpayers’ money—that is the ultimate objective. We will study their plans carefully and monitor them as they progress.
According to overnight reports, the Government are planning for all 30 million homes in the UK to be powered by gusts of wind from offshore wind installations. The Government have always maintained that they stay technology-neutral in their encouragement of renewable energy sources. Yet the Conservative Party has advised that the sun does not always shine brightly, nor the wind blow consistently. Can the Minister confirm whether the Government are now picking winners and losers among green technologies and whether this will be reflected at COP 26 in its sponsors?
No, we are not picking winners. We always examine a range of different technologies and we are backing a range of different technologies. The contract for difference auctions will not discriminate between different technologies and we will keep them all under constant review.