Geraint Davies
Main Page: Geraint Davies (Independent - Swansea West)Department Debates - View all Geraint Davies's debates with the Cabinet Office
(6 years, 5 months ago)
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Alun Cairns
No announcement has been made on the tidal lagoon because we are still looking at the numbers. We are doing anything and everything possible to try to make this fit. The hon. Lady should not want it to go ahead if it is not good value for money for the taxpayer. She will be well aware that Tata is an energy-intensive industrial site right next door to the site for the proposed tidal lagoon. I do not think she or any other Member would want to increase energy prices in a way that could put those jobs at risk.
Geraint Davies (Swansea West) (Lab/Co-op)
Will the Secretary of State point out to the Business Secretary that once nuclear energy commands 12% of global output, we will run out of uranium in 10 years and the price will go up, as will the price of fossil fuels, because we cannot use 80% of them if we are to fulfil the Paris agreement, whereas the price of energy from the lagoon will go down over 100 years? Will the Secretary of State point that out, rather than just sit there doing nothing?
Alun Cairns
I am glad the hon. Gentleman mentions the Wylfa project, because it is a great demonstration of the Government being prepared to look at the financial model and adjust it in order to make projects happen. It will be the biggest infrastructure project in Wales for well over 30 years, and it provides fantastic prospects. I hope that tidal and marine energy could offer the same, but we should want a scheme only if it is good value for money.