Carbon Capture, Usage and Storage
Edward Morello Excerpts(1 week, 2 days ago)
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Ed Miliband
My hon. Friend makes such an important point. I was with the Prime Minister in New York in the last couple of weeks, talking to international partners about where the new British Government stood, and there is a sense that British leadership is back. However, if I had said to them, “We can’t do carbon capture; that’s just not an answer,” they would have said, “Well, what are we going to do about our industries?” My hon. Friend is absolutely right: we need to have all the solutions at our disposal, both for British leadership and for global decarbonisation.
Edward Morello (West Dorset) (LD)
The Secretary of State will know that it is vital that we reduce our global greenhouse gas emissions if we are to avoid the worst ravages of a climate crisis that is already manifesting. Given that this deal risks incentivising hard-to-abate businesses to continue with business as usual, will he outline what steps the Government intend to take to ensure that those industries also invest in reducing their emissions?
Ed Miliband
I welcome the hon. Member to the House. We have all kinds of projects in place to encourage business to decarbonise; indeed, our drive for clean power by 2030 is part of ensuring that we decarbonise the electricity system to help businesses to be part of the decarbonisation journey. However, I just do not recognise the picture that he paints—that this proposal is somehow a disincentive for companies. I hear lots of businesses asking how they are going to exist, frankly, in a decarbonised world. What is the answer, for example, for the cement industry in a decarbonised world? That is why CCS is so vital.