(6 years, 6 months ago)
Commons ChamberOf course. The test is that the deployment of a technology can be done at good value for the taxpayer. That is the challenge for any new technology, and if it can be demonstrated that it meets that challenge I will be very pleased to welcome it.
The Secretary of State was very specific in the figure that he gave for the number of jobs he expected to be created in operation and maintenance of the lagoon—it was 28. Can he be equally specific about the number of jobs that he has been advised would have been created in the UK-wide supply chain during the construction phase?
The figures are taken from the Hendry report—these are not Government figures; they were laid out there. The number of jobs created during the construction period would have been 2,260, but they would have been for the very limited period of construction. In terms of value for money, of course, the permanent jobs are what needs to be assessed.
(7 years, 1 month ago)
Commons ChamberThe hon. Gentleman asks an important question. It is absolutely right that the researchers at the university will have huge opportunities in this area. The reputation for excellence that has been established in that university is well known not just across the country, but around the world. The Prime Minister and I had the privilege of attending a roundtable of the leading managers across the motor industry, including the supply chain. They are united in their excitement about what is the biggest change in mobility since the invention of the petrol and diesel engine. We are replete with these possibilities, and it is increasingly recognised that we are establishing a reputation for being the place in the world to come for them.
Whether it is exporters of autonomous vehicles or other exporters within the automobile industry in my constituency, what they need going forward is a consistent regulatory framework. What kind of guarantees can the Secretary of State give to exporters such as those in my constituency as we leave the EU?
The hon. Gentleman makes a good point. The predictability of the regulatory environment is extremely important for future investment. It is one reason why we have introduced the Automated and Electric Vehicles Bill, which will be ahead of the world in establishing the right regulatory environment for electric and autonomous vehicles. Again, this is something that has commanded the attention of the world, and it is exactly in line with what he says.