Energy Prices

Lord Hannan of Kingsclere Excerpts

Wednesday 12th January 2022 Lords Chamber

[Lord Callanan (Con)]

Let me tell the noble Baroness what we are doing. The winter fuel payment provides all pensioners across Britain with between £100 and £300 to put toward their fuel bills, which costs £2 billion a year. The cold weather payment provides vulnerable households on qualifying benefits with payments of £25 during periods of cold weather, and the Government have spent £100 million on that. We will continue to spend considerable sums of money to help those most in need.

[Lord Hannan of Kingsclere (Con)]

My Lords, one thing that we have learned over the past 22 months is that government targets sometimes have to be adjusted in the light of circumstance. Would there be a situation in which the Government might reconsider their net-zero timetable; for example, if costs on consumers or taxpayers were disproportionate and if there were a realistic prospect that technological improvement would mean a significant fall in those costs with a deferral?

[Lord Callanan (Con)]

Of course, we want to keep all these things under review but, as my noble friend is well aware, net zero is a legally binding commitment, legislated for by Parliament—and, of course, it is the duty of government to carry out the wishes of Parliament. If a future Parliament or Government wish to reconsider that, I am sure that the Government at the time would want to take full cognisance of that.