COP 27
Debate between Lord Walney and Lord True(2 years, 1 month ago)
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Lord True (Con)
—that the United Kingdom was the first major economy to commit to a legally binding target of achieving net zero by 2050. That is the law of the land and we remain fully behind it. Again, the noble Baroness implies that not much has been done. Actually, we cut our emissions by over 44% between 1990 and 2019, and that is faster than any other G7 country. We have also set into law the world’s most ambitious 2035 climate change target. So let us seek to achieve those ambitious targets, and we will continue to accelerate the production of clean energy such as nuclear, wind and solar.
Lord Walney (CB)
My Lords, we understand the difficulty of the fiscal position but it would surely be short-sighted and make it significantly more difficult to meet the net-zero target if Sizewell C were delayed or scrapped.
Lord True (Con)
My Lords, I note what the noble Lord says. Again, the Government have made it clear that they see nuclear as being a significant part of the equation. There will be further announcements in relation to that but I take note of what the noble Lord says.
Replacement of the Chancellor of the Exchequer
Debate between Lord Walney and Lord True(2 years, 2 months ago)
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Lord True (Con)
My Lords, I explained the reasons for the appointment of my right honourable friend, and I believe that it was a good appointment.
Lord Walney (CB)
Has not the Chancellor effectively announced a comprehensive spending review? Would it not be helpful and transparent to treat it as such across Parliament?
Lord True (Con)
There will be a Statement by my right honourable friend; I believe that 31 October is still the date suggested. Work is proceeding at pace and I assure your Lordships that they will receive full information on that in the same way as the other House.