Great British Energy Bill Debate
Full Debate: Read Full DebateDepartment: Department for Energy Security & Net Zero
Baroness Young of Old Scone
Main Page: Baroness Young of Old Scone (Labour - Life peer)Department Debates - View all Baroness Young of Old Scone's debates with the Department for Energy Security & Net Zero
Great British Energy Bill
Baroness Young of Old Scone ExcerptsWednesday 15th January 2025
(3 days, 10 hours ago)
Grand CommitteeRead Full debate Great British Energy Bill 2024-26 View all Great British Energy Bill 2024-26 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: HL Bill 43-IV Fourth marshalled list for Committee - (14 Jan 2025)
Lord Hunt of Kings Heath (Lab)
My Lords, as I said, I think we have acted properly with the impact assessment, which is based on the Bill. GBE has yet to commence its work. I have said that I will write to noble Lords detailing how we see GBE being held to account, in terms of its reporting and accountability, and I will add some more information about how that relates to the statement of strategic priorities in Clause 5.
Baroness Young of Old Scone (Lab)
I hope that in writing this note, which I welcome, the Minister will give us an account of how GBE will report on the strategic priorities set by the Government, and that they will include not just climate but environmental and biodiversity targets. They are the twin crises that GBE is helping to solve.
Lord Roborough (Con)
The noble Lord mentioned that the minimum requirement was the nine-month reporting window under the Companies Act. Could he give us an idea now of what he sees as a desirable reporting timeframe? If he would like to reflect, perhaps he could include those thoughts in his letter.