Climate Change: Targets

Baroness Meacher Excerpts
Thursday 27th May 2021

(2 years, 11 months ago)

Grand Committee
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Baroness Meacher Portrait Baroness Meacher (CB) [V]
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My Lords, I too thank the noble Baroness, Lady Sheehan, for securing this very helpful debate.

I have raised on several occasions the urgent need for the Government to publish their hydrogen strategy, which presumably will require legislation to put into effect. As Bill Gates said in his book How to Avoid a Climate Disaster, significant investment in research into new technologies will be necessary if we are to reach net zero by our target date. He also said that some of the investments will be very costly and high risk; therefore, they will have to be funded by Governments. He also said that private investment will do lots of the heavy lifting in terms of investment, given appropriate government support. Does the Minister agree with Bill Gates’s assessment? Do the Government yet have a date for the publication of their long-awaited hydrogen strategy to move things along? Does the Minister understand the urgency of this issue? I am sure he does.

Another very important issue is the size of the hydrogen target by 2030. Why is this country’s target so low, at five gigawatts? This is the same as for Scotland alone, for example. Can we really not do better than that? The Government have claimed that their forthcoming hydrogen target will be world-leading—really? If so, some urgent work surely needs to be done to revise substantially upwards the five-gigawatt target. Finally, the energy White Paper set a target of one gigawatt of low-carbon hydrogen by 2025. Can the Minister spell out how the Government expect to meet this target? Is he content that the target is adequate if we are to achieve our final target for 2030? The Minister knows that this country has a brilliant opportunity to create lots of high-quality jobs across the UK in the hydrogen industry. I would be grateful if the Minister could give the House a clear indication of when the hydrogen strategy will finally be published.