Debates between Baroness May of Maidenhead and Patricia Gibson during the 2019-2024 Parliament

UK Energy Costs

Debate between Baroness May of Maidenhead and Patricia Gibson
Thursday 8th September 2022

(2 years, 2 months ago)

Commons Chamber
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Baroness May of Maidenhead Portrait Mrs May
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I apologise, Mr Speaker, for being generous in taking interventions.

The Government are also key to driving greater private sector investment in low-carbon solutions, for instance by de-risking investment in early-stage technologies—we have already heard about some early-stage technologies—and emerging sectors such as hydrogen production. Greater investor certainty cuts the cost of new technology, drives innovation, creates jobs and boosts economic growth. The Government’s unequivocal support for this agenda would be a positive signal not just for our green tech industry, but for the ambition of the UK economy more broadly.