Lord Ryder of Wensum
Main Page: Lord Ryder of Wensum (Conservative - Life peer)I thank the noble Lord for that question. At this point, I will draw the attention away from me for a moment and pay tribute to him as a former Minister. His work in the Department of Energy and Climate Change was fantastic, and he gave us a lot of time in this House to debate issues, for which we are very grateful. By the way, he is rightly held in great affection and respect by the department, so I thank him for that. I am not sure that I want to thank him for his questions, because there were two or three of them.
On the first question, the loan was made to Sheffield Forgemasters in the run-up to a general election and in the midst of a recession when many businesses were being forced out of business by their banks and some businesses were pushed to the brink. I am sure all noble Lords would agree that this loan needs to be considered and reviewed in the commercial light of day and the recession that we now face and that we need to consider whether it is the best use of taxpayers’ money. I assure noble Lords that this will be done in consultation with our department.
The noble Lord’s second question—I thought he had asked only one question at the time—relates to the wonderful coalition that we have with our excellent friends from the Liberal Democrat Benches. I pay tribute to them, as we are in that season—the early stage of our Parliament when we are being nice to everyone—for their support for the nuclear commitment.
My Lords, in view of the fact that our future energy resources are in a dire state, will my noble friend please explain precisely why nothing has happened over the past 13 years?
Perhaps the former Minister ought to answer that question. There needs to be a huge amount of catch-up. The lights are meant to be going out in 2017, and there is a big task ahead of us to get this country prepared to supply electricity. I assure noble Lords that this Government are fully committed to that process.