Oral Answers to Questions Debate
Full Debate: Read Full DebateDesmond Swayne
Main Page: Desmond Swayne (Conservative - New Forest West)Department Debates - View all Desmond Swayne's debates with the Department for Energy Security & Net Zero
(6 months, 3 weeks ago)
Commons ChamberBritain is a pioneer of floating offshore wind. We are working with the Crown Estate to lease 4.5 GW of seabed capacity for floating offshore wind in the Celtic sea, and we are supporting emerging technologies with a separate funding pot in allocation round 6.
I thank my hon. Friend, who is a doughty campaigner for floating offshore wind. I am unable to comment on any specific concerns about a particular planning decision, but I am sure the relevant Minister will be happy to meet her to discuss how the Government can provide better guidance on compensation. People whose land is acquired compulsorily should not be left worse off financially, and compensation should be offered in line with the statutory compensation code.
What assistance can be had for those fast-growing enterprises principally reliant on equity?
I thank my right hon. Friend for a typically pithy question. We are doing an enormous amount to support the landscape for investments in this country that rely on equity, whether that is through full capital expensing, or, in my area of responsibility, the green industries growth accelerator.