(8 years ago)
Commons ChamberI am grateful to my hon. Friend for raising that matter. The conference was superbly successful and some real steps were taken towards improving awareness of the importance of preserving endangered species, the elephant in particular. In this country, we have announced our intention to ban the trade in post-1947 ivory—that is 70 years—and we will consult on that shortly to consider how we implement that and what further steps can be taken to meet our manifesto commitment.
I think we have all been consistently clear that in leaving the EU we will be seeking the best possible deal for the UK. That will involve close co-ordination and communication with all the devolved Administrations to make sure that we absolutely understand what it means to get the best possible deal for all sectors within the DEFRA family.
(8 years, 5 months ago)
Commons ChamberIn fact Siemens has recommitted to its investment in Hull, which is great news for that area. I had a meeting a few days ago—it seems like a year ago—with the Offshore Wind Industry Council to talk about confidence in investment. Its members all remain committed to the UK, and EDF has reaffirmed its commitment to the UK.
Specifically on CCS, as I have said many times in this Chamber, we remain committed to looking at what our future strategy for CCS will be. The fact that the competition did not make the cut in terms of taxpayer value for money at the last spending round does not mean that we are ruling out CCS. We believe that it continues to play an important role in the future of our decarbonisation strategy.
The recent EU referendum result has of course created widespread insecurity in this market and, indeed, the wider economy. There is now an increasing number of possible options from the Brexit negotiations, each leading to a number of regulatory and market options for the UK’s relationship with the EU, with each of these having differing implications for the investment in and trade of energy. What steps has the Department already taken to guarantee that overseas investment in our energy sector is protected, whichever of the outcomes is taken?
I believe that we will see huge opportunities in leaving the European Union. As is always the case in the United Kingdom, we will take great steps to ensure business confidence and ensure that those who have invested in this country will be able to use our very sound contract law and investor base to be able to continue to fruition with their projects.