Net Zero Debate
Full Debate: Read Full DebateViscount Stansgate
Main Page: Viscount Stansgate (Labour - Excepted Hereditary)Department Debates - View all Viscount Stansgate's debates with the Department for Business, Energy and Industrial Strategy
(1 year, 7 months ago)
Lords ChamberMy Lords, in my experience it is relatively rare to have the opportunity to debate a report so soon after its publication, so I congratulate the noble Baroness on securing the debate. I hope we will learn a little more about what the Government think of it when the Minister comes to wind up.
It is 27 years until we reach the legal requirement to reduce our emissions by 100% from the 1990 levels, although it has been only 15 years since our Climate Change Act set the UK on the road to being the first country to introduce legally binding targets. In this context, Chris Skidmore has done a very good job and performed a very useful role in the short space of time given to him, even in the light of his “pro-business, pro-enterprise and pro-growth” remit. It may be that his report is one of the enduring legacies of the short premiership of the previous Prime Minister.
In the very short time we have, I will make only a few points. First, this report takes into account major recent developments, such as Ukraine and its consequences, and hence emphasises the links between net zero, future UK energy security and the infrastructure needed to support new and greener fuels, but we are lagging behind on the infrastructure, and I am not even sure whether the country yet grasps the upheaval needed to adapt the national grid to enable renewable sources of energy to be fed back into the system.
Secondly, some of the specific recommendations are welcome—for example, the creation of an R&D road map to ensure that priority technologies can deliver the UK’s net-zero and growth ambitions. I hope that in his reply the Minister can tell the House whether the Government endorse this approach and, if so, what action they intend to take accordingly.
Thirdly, the report emphasises that:
“Net zero is the economic opportunity of the 21st century.”
That is true. To adapt a well-known marketing phrase, “The future’s bright, the future’s green”, but it is also true that the world is a highly competitive place and the UK risks falling dangerously behind when our major competitors, such as the USA, the EU or China, are fast developing their green economies. You have to hand it to the Biden Administration. Under the heading of the Inflation Reduction Act they are now investing staggering sums in clean technology, and significant investment is also being made by France and the EU. Talking up our opportunities is one thing, but if we cannot even get a gigafactory for batteries built in Blyth, we will not reach first base.
Fourthly, the report calls for
“clarity, certainty, consistency, and continuity”.
I entirely agree, but it is easier said than done. It is critical that the next steps we take have sufficient bipartisan support to enable them to survive beyond the next general election and to be continued and expanded by the next, perhaps very different, Government. Between now and 2050, how many general elections and future Governments will we have? How much risk is there that the sustained progress we need will not be sufficient? I mention this because on the long road towards net zero we have to have a change in attitudes and approach, and it has to be sustained and embedded over the next three decades, no matter what Government we have.
Finally, we do not have the option of not taking action. This is one of those subjects, and one of those reports, where not taking any action is nevertheless tantamount to making a decision. In this case, not taking action is the wrong decision.