Caroline Lucas
Main Page: Caroline Lucas (Green Party - Brighton, Pavilion)(9 years, 2 months ago)
Commons ChamberYes, my hon. Friend is right. That is exactly what we want to do. We want to continue to support the growth of the renewables sector. I have already explained that there has been £45 billion of investment since 2010 in this sector and we want to encourage it further. We have to do that in the light of what is affordable for bill payers. At the same time we want to encourage new forms of renewables and keep Britain at the forefront of renewables technologies.
Will the Minister explain how she can possibly think that investor confidence will be enhanced by taking yet another wrecking ball to the British solar industry with the enormous subsidy cuts, alongside ending pre-accreditation? On the latter issue, the Government’s own consultation concedes that her Department has not even bothered to estimate the likely impact on deployment. With tens of thousands of jobs at risk, will she withdraw this now and stop all the waffle about consumer bills? If she were serious about consumer bills, her Government would not be subsidising fossil fuels and nuclear to the extent that they are.
I am afraid the hon. Lady has not done her homework. She should be aware that it is a requirement of EU state aid that we regularly review the subsidies to ensure that we are not overcompensating the sector. That is exactly what we are doing. We are now in a consultation which closes on 23 October. I am sure she will give her response to that. As I keep repeating, we want to ensure that we are not impacting negatively on consumer bills, but at the same time we are supporting this very valuable and growing sector to become subsidy-free within the next few years.