Spending Review Debate

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Department: HM Treasury

Spending Review

Caroline Lucas Excerpts
Wednesday 26th June 2013

(11 years, 2 months ago)

Commons Chamber
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Caroline Lucas Portrait Caroline Lucas (Brighton, Pavilion) (Green)
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Given the news this week that the Government’s flagship green deal is failing in terms of both the planned jobs and its environmental targets, why will the Chancellor not introduce a big, bold investment in green infrastructure and home insulation in particular, to get people into jobs, get tax revenues up, reduce benefits and give hope to the millions of young people around the country today?

George Osborne Portrait Mr Osborne
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We have introduced investment. We have increased investment in renewable energy, so that a record amount is now going in. My right hon. Friend the Chief Secretary to the Treasury will set out the strike prices this week, which will give long-term investors the certainty needed to increase renewable energy investment.