The Growth Plan Debate

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Department: HM Treasury

The Growth Plan

Caroline Lucas Excerpts
Friday 23rd September 2022

(1 year, 9 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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The freeports are certainly continuing and I would be very happy to speak to my hon. Friend about how we can, as he puts it, unblock the process to accelerate the Humber freeport bid.

Caroline Lucas Portrait Caroline Lucas (Brighton, Pavilion) (Green)
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This Budget amounts to an environment wrecker’s charter and it is a statement of missed opportunities. For example, a report just this week shows that a major programme of insulating homes in Britain and installing heat pumps could benefit the economy by £7 billion a year, create 140,000 jobs by 2030, get our fuel bills down and get climate emissions down too. Tucked away on page 14 of the growth report is a tiny reference to some investment in energy efficiency. It is nowhere near enough. Why is the Chancellor setting his face against the kind of retrofit revolution that offers the only viable way out of the current crisis, as well as reducing our dependence on fossil fuels? Is it because, for him, dogma and deregulation trump evidence and common sense every time?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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It is not about dogma and deregulation. In fact, I campaigned for the eco and energy efficiency measures when I was Business Secretary and ensured that there was reference in the growth plan to the eco plan. We may well expand that at a future date.