King’s Speech Debate

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Department: HM Treasury

King’s Speech

Baroness Bennett of Manor Castle Excerpts
Monday 13th November 2023

(5 months, 4 weeks ago)

Lords Chamber
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Baroness Bennett of Manor Castle Portrait Baroness Bennett of Manor Castle (GP)
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My Lords, last week the Hackney mayoral election saw the Green Party candidate, Zoë Garbett, take 25% of the vote, finishing second. On a rough calculation, my noble friend Lady Jones and I have about 0.5% of the time available, so here I go on economy, transport, energy and the environment.

On the climate emergency, I could just cross-reference the noble Lord, Lord Stern, and the noble Baronesses, Lady Hayman and Lady Sheehan. The Copernicus Climate Change Service has found that, following exceptional October temperatures, it is now virtually certain that 2023 will be the warmest year on record. Social media is full of climate scientists with graphics showing just how out of control our climate is. At current levels of emissions, the world has six years left before we bust through 1.5 degrees. Do the Government understand that?

The UN Environment Programme report on the discrepancy between the planned fossil fuel production of Governments around the world finds that they collectively plan to produce 110% more fossil fuels than is consistent with the 1.5 degree limit in 2030. The UNEP says there is

“no evidence that the UK government is actively winding down oil and gas production”.

Well, quite.

Local environmental questions are perhaps for our new Environment Secretary. I am sure he has great interest in these issues, although I have not found any evidence of that online. The Government appear to have promised two steps that demand primary legislation: a ban on the sale of horticultural peat by 2024 and UK ratification of the global oceans treaty. Can the Minister say whether the Government have taken into account the environmental principles in all the Bills in the King’s Speech, given that there is now a legal duty on Ministers to have due regard to the environmental principles policy statement? The Minister is from the Treasury; this applies to it as well.

I have two points on transport. First, in introducing this debate, the Minister repeated the fiction of the “war on the motorist”. To take just one comparison, we are actually talking about the burden on the bus user. According to Office for National Statistics data, the cost of travelling by bus has risen 30% more than the cost of car travel since 2014, the bus being used primarily by the poorest in our society.

Secondly, in responding, perhaps the Minister could tell me if she stands behind the briefing given by an unnamed government source that the first models of self-driving cars could be offered to motorists in the UK by 2026—if they are proved safe. Does she agree with me that that reflects the pie in the sky thinking that is shot through the announcements and actions of this Government?

Finally, I will use the Government’s favourite phrase, employ some “long-term thinking” and reflect on the speech of the noble Lord, Lord Livermore, who opened for the Labour Party. The noble Lord focused on tax generally being high and blamed the poverty of the many and the terrible destitution affecting so many households, particularly those with children. As the right reverend Prelate the Bishop of Durham highlighted, some 1 million people are suffering from destitution. Labour’s answer to this is the magic of growth, implying a return to historic levels that very few can see in our future. That means, however, that if we do not tackle the distribution of wealth, those who are living on crumbs now will get only a few more crumbs.

I came into the Chamber for this debate from a session titled “the economic common-sense case for taxing wealth as well as work”, run by groups including Patriotic Millionaires UK, the APPG on Anti-Corruption and Responsible Tax, and Tax Justice UK. It highlighted how the 50 richest families in the UK have wealth worth more than the bottom half of the whole population. That is 50 families versus 33.5 million people. I suggest that the Labour Party think harder about who is and who is not paying tax and the need for the redistributive effects of a wealth tax in our society.