Oral Answers to Questions
Debate between Derek Thomas and Chris Skidmore(5 years, 5 months ago)
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Chris Skidmore
The hon. Lady mentions electric vehicles and battery storage. The Prime Minister made a significant announcement yesterday at her business council, attended by the Secretary of State: £500 million-worth of export finance will be provided for electric vehicles. There are also the guarantees on looking at charging points. The White Paper is due this summer; I cannot give any more guarantees beyond that, but it is absolutely critical as the next milestone going forward that we have the legislation in place for net zero, and we now need to set out a plan. The clean growth strategy was set out earlier—late last year. We are on track to meet 90% of carbon budgets 4 and 5, and we will do more to ensure that we meet them.
Derek Thomas (St Ives) (Con)
Publicly owned buildings such as schools and hospitals can access interest-free loans in order to retrofit their buildings and put on solar panels and so forth. What consideration will be given to allow that kind of scheme to be available to small businesses?
Chris Skidmore
I entirely agree that taking a local, bottom-up approach is the way in which the Government want to go. For instance, the rural communities energy fund has recently been established—an extra £10 million has been made available there—and we have the smart export guarantee when it comes to looking at renewable sources of power for small businesses or other small community buildings—
Oral Answers to Questions
Debate between Derek Thomas and Chris Skidmore(5 years, 6 months ago)
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Chris Skidmore
It is important to put on record the content of the Government’s letter to the Committee on Climate Change. After careful consideration of the committee’s advice, the Government decided to hold in reserve a small proportion of over performance from carbon budget 2—88 megatonnes of a total over performance of 384 megatonnes. The reserve will act solely as a contingency. [Interruption.] I have 384 mega- tonnes, but I will happily correct the record when I look at the statistics. Eighty-eight megatonnes are being held in reserve and act solely as a contingency against changes in the baseline. This will be released once it is clear that it will not be needed to address any technical changes to the baseline. We have also asked the Committee on Climate Change to look at those technical changes. We would not have asked the committee to take forward work on net zero if we did not believe we will be able to implement this.
When it comes to the cost reduction, I entirely agree with the hon. Gentleman that costs have come down on technology and will continue to come down. The Committee on Climate Change has made it clear that it can be done within the envelope of 1% to 2% of GDP, as set out for the 80% reduction.
Derek Thomas (St Ives) (Con)
Oral Answers to Questions
Debate between Derek Thomas and Chris Skidmore(5 years, 10 months ago)
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The Minister for Universities, Science, Research and Innovation (Chris Skidmore)
The hon. Lady is correct to say that cyber-resilience must be a key part of our industrial strategy. I was in Northern Ireland last Friday to discuss with organisations how they could be involved in our AI programme and with setting up masters programmes in cyber-security.
Derek Thomas (St Ives) (Con)