Asked by: Lord Elliott of Ballinamallard (Ulster Unionist Party - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what plans they have for financing a 'just transition' for climate change.
Answered by Lord Hunt of Kings Heath - Minister of State (Department for Energy Security and Net Zero)
The net zero transition is not only the economic opportunity of the century, but it will also support the creation of hundreds of thousands of good jobs across the UK, protect our economy from future price shocks that reliance on fossil fuels create, while delivering a range of social and health benefits.
Asked by: Lord Elliott of Ballinamallard (Ulster Unionist Party - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government whether any targets have not been met in relation to climate change policy, legislation and regulations.
Answered by Lord Hunt of Kings Heath - Minister of State (Department for Energy Security and Net Zero)
The Climate Change Act sets our commitment to reach net zero emissions by 2050 in law as well as interim ‘carbon budget’ targets which set a legal limit on net territorial emissions over 5-year periods. The UK over-achieved against the first, second and third UK-wide carbon budget targets. We are now in the fourth carbon budget (2023-2027). The UK has already halved its emissions, having cut them by around 53% between 1990 and 2023.
Looking ahead to future climate change targets, the Government will deliver an updated Carbon Budget Delivery Plan that will outline the policies and proposals needed to deliver carbon budgets 4-6 on a pathway to net zero by 2050. The Government will set Carbon Budget 7 by June 2026, in line with our statutory duties.
Asked by: Lord Elliott of Ballinamallard (Ulster Unionist Party - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what plans they have to assist in the introduction of a renewable energy support scheme in Northern Ireland.
Answered by Lord Hunt of Kings Heath - Minister of State (Department for Energy Security and Net Zero)
Energy policy is devolved to Northern Ireland. The Department for Energy Security and Net Zero is engaging closely with the Northern Ireland Department for the Economy (DfE) in the development of a renewable electricity support scheme. Officials and I engage regularly with ministerial counterparts from the DfE. The DfE published information last year on the scheme’s high-level design considerations[1] .