Climate Change Debate

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Thursday 3rd April 2014

(10 years, 8 months ago)

Lords Chamber
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Baroness Verma Portrait Baroness Verma
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The noble Lord is absolutely right. Of course, we have seen a real increase in the low-carbon sector; in the renewable sector itself we have seen since 2010 over £36 billion of investment come to the UK. It is a £3.2 trillion global marketplace out there, of which we have a fair share of £128 billion. There is much more to do. There are great opportunities. As last week showed, Siemens sees the UK as an ideal place for investment, by investing over £300 million in Hull.

Lord Roper Portrait Lord Roper (LD)
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How will the results of the intergovernmental panel affect the position that the Government and their European Union partners are developing for next year’s framework convention conference in Paris?

Baroness Verma Portrait Baroness Verma
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My Lords, my noble friend knows of course that we work very closely with our European partners. We will of course push those that are slightly slower in coming forward in reducing their carbon emissions to do much better. We all need very ambitious targets. I hope that the conference will see that.