Green Investment Debate
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Earl of Devon
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Green Investment
Earl of Devon Excerpts(1 year, 2 months ago)
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Lord Callanan (Con)
The noble Baroness has an advantage on me as I have not seen that report, but we have the North Sea transition plan, which does many of the same things that she talked about. As I have said before, we still have a need for oil and gas in the medium term during the transition, but the essential skills that many of those workers bring will be very useful in the new economy.
The Earl of Devon (CB)
My Lords, the Government have adopted a state-level strategy, signing memoranda of understanding with various states: Indiana, South Carolina and North Carolina. Their focus is on clean tech and green trade. What other states are the Government currently in negotiations with, what are the expected benefits, and why should we be negotiating with individual states rather than the United States on this front?
Lord Callanan (Con)
The noble Earl raises important points with regard to trade negotiations. I am not familiar with the details so I will have to write to him.