Climate Change Policy Debate
Full Debate: Read Full DebateAlbert Owen
Main Page: Albert Owen (Labour - Ynys Môn)Department Debates - View all Albert Owen's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 6 months ago)
Commons ChamberSome of the most important meetings I have been lucky enough to have in this role have been with faith groups. Interfaith groups work extremely well, setting their own targets and using the significant power of their own investment might to effect change. During our first Green Great Britain Week, people asked, “What else can I do? I have turned off my lights; I am cycling a lot; and I am recycling.” The most effective thing we can do is to think hard about our pension funds—either through our investments or by lobbying trustees, such as those of the House of Commons scheme—because it is 27 times more effective to get an institutional investor to make the shift. The good news is that that is happening right across the world, and amazing groups, such as the Church groups, are doing it in the UK. That is the power of market forces, and such actions will dwarf the amount of money that Government are investing in this low-carbon transition.
I am proud to have supported the Climate Change Act 2008, and I pay tribute to the leadership of my right hon. Friend the Member for Doncaster North (Edward Miliband). The Minister is right to say that progress has been made by successive Governments, but one area that is very challenging is the built environment. Does she agree that more has to be done, particularly in England? The Business, Energy and Industrial Strategy Committee is doing an inquiry on that topic, and the statistics are that the Welsh Government spend twice as much as the UK Government, Scotland four times as much and Northern Ireland 1.5 times as much. She keeps saying that we need action, so let us have action in this House by this Government.
The hon. Gentleman makes a valuable point. The built environment can encompass homes, buildings and transport—
Good. I was coming on to say that one of the most effective ways to influence the built environment is at a local level. I have been struck by the ambition of, and the progress made by, local authorities and combined authorities across the UK. Of course the Government can set ambitions and change regulations, but it is much more powerful for local authorities to say, “This is what we want to do, and this is where the investment needs to go,” and design it themselves. I have been particularly pleased, in the homes environment, with the announcement that we will not be building homes reliant on fossil fuel heating by 2025. Not only will that transform heating, but it will improve the market conditions and drive down the cost of that technology.