Energy Generation

George Howarth Excerpts

Wednesday 17th April 2013 Westminster Hall

[Mr Tim Yeo (South Suffolk) (Con)]

I congratulate the hon. Gentleman on securing the debate, and I add my strong support for the intervention made by the hon. Member for Brighton, Pavilion (Caroline Lucas). On the point that the hon. Gentleman just mentioned, one of the most significant factors is that the need for a focus on reducing the carbon intensity of electricity generation is supported not only by what one might call the usual suspects from the green world, but very strongly by the business world, including a large number of industries that have no direct interest in the issue whatever. That concern is perhaps reinforced by last night’s vote in the European Parliament, which is clearly a setback for achieving more effectiveness in the EU emissions trading system.

[Mr George Howarth (in the Chair)]

Before the hon. Member for St Ives (Andrew George)resumes, I realise that there is a very strong temptation in such a debate, where a lot of people wish to get in, to make an intervention, but hon. Members need to be reminded that interventions must be short and not mini-speeches.

[Andrew George]

I am grateful for your guidance on that, Mr Howarth, and I am particularly grateful to the Chairman of the Select Committee on Energy and Climate Change, my hon. Friend the Member for South Suffolk (Mr Yeo), for his telling intervention. As he rightly said, this is an issue of hard-headed financial decision-making and not one that is driven purely by eco-warriors. This matter is all about ensuring that we have a strong economy, and in terms of the hundreds of thousands of jobs that will be created through the green economy, Britain must lead the world. It has an opportunity now, but that opportunity will not exist for many years, and if we miss it, we may be dragged behind other places. We will be importing their technologies into this country, and the cost to the economy will be very significant. My hon. Friend is engaged in an excellent campaign on that issue, and I congratulate him for his contribution.

I have written to the Secretary of State, as I know many others have in recent months as the debate has developed. He kindly responded to me this week, saying that he agrees that

“a decarbonisation target for the electricity sector could increase certainty for investors in large and long term low carbon energy projects like renewables, new nuclear and Carbon Capture and Storage. That is why, last year, I worked for and achieved Government agreement to set a 2030 decarbonisation target range”—