Oral Answers to Questions Debate
Full Debate: Read Full DebateAlexander Stafford
Main Page: Alexander Stafford (Conservative - Rother Valley)Department Debates - View all Alexander Stafford's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 9 months ago)
Commons ChamberThe hon. Lady will know that the UK’s net zero target is a world-leading initiative. Indeed, it was striking that this month China, Japan and South Korea committed themselves to net-zero carbon targets.
My hon. Friend will know that we are taking considerable action to encourage consumers to buy electric vehicles, and we are also investing in the necessary infrastructure. So far we have invested £30 million to support vehicle-to-grid technology, and we will regulate next year to ensure that consumers benefit from smart-charging their electric vehicles.
Recent commentary has highlighted the role of the North sea as a strategic asset for net zero. It could deliver one third of our energy needs via offshore wind, which could increase the utilisation of carbon capture and storage and green hydrogen. What is the role of a carbon pricing mechanism in delivering this?
My hon. Friend, as he often does, raises a pertinent question relating to our energy strategy. Obviously, carbon pricing is at the centre of any move to try to decarbonise our energy mix. We have a track record on this, and we have also committed to 40 GW of offshore wind by 2030, which, through the auction process, is critical to delivering our net zero ambitions.