Barry Sheerman
Main Page: Barry Sheerman (Labour (Co-op) - Huddersfield)(11 years, 9 months ago)
Commons ChamberMy hon. Friend is absolutely right, and let me repeat that he was highly thought of in the industry, not least due to his commitment to the visits he made and to his work. It is key to recognise that many small and medium-sized companies are a part of this exciting opportunity. Often we see this issue in terms of very large oil companies, but it is the SMEs that require the extra investment I described in answer to the hon. Member for Aberdeen South (Dame Anne Begg).
16. What steps he is taking to increase the confidence of the energy sector to invest in new generating capacity.
The UK is one of the most attractive places in the world to invest in energy infrastructure, and still more so since we published the Energy Bill. The certainty this provides is backed by complete cross-Government support unmatched by any other country in Europe.
The Minister seems to be living in a parallel universe. I have a declared interest: I am on the environmental scrutiny board of Veolia, the environmental company. When I meet people who are being asked to make a long-term investment in the production of energy, they are very cautious of making any commitment at this time. What will he do about that? An energy gap, which is totally frightening for the people of this country, is emerging.
We do not have an exact figure, but we do think the green deal framework, supported by the ECO, is the best way of driving forward the very ambitious take-up of insulation measures that we will need not just in this Parliament, but throughout the decade.
I am sure the Secretary of State knows about the Innovate UK conference held in Islington in London this week. Will he take a greater interest in clean, energy-efficient, sustainable production? There is a great market for Britain in this field; we lead the world, but we need leadership to make sure we conquer China, India and other markets.
I was not aware of that particular conference, but I did attend an exhibition called Ecobuild, which showed many British companies that are innovating in saving energy. I am extremely aware of companies that are involved in clean energy, and I am working with my right hon. Friend the Secretary of State for Business, Innovation and Skills to develop supply-chain policies so not only are low-carbon technologies developed, but innovating British firms get the benefit and we have green jobs in this country.