COP27

Greg Clark Excerpts

Wednesday 9th November 2022 Commons Chamber

[The Prime Minister]

As we have been discussing, I believe we have a moral obligation to help those countries with the transition to net zero and I am proud to say that we are playing our part in doing that. It was great at COP to sit down with leaders from many of those emerging market countries that are benefiting from the investments from our country to help them with the transition. They recognise the leadership role that we are playing.

[Greg Clark (Tunbridge Wells) (Con)]

We need to create jobs and prosperity as we transition to net zero. In battery technology, we are world leading in the research, but we need to manufacture batteries here. Given the concerning news about Britishvolt, will the Prime Minister and his colleagues commission an urgent review of how we can deliver the gigafactories that are necessary in this country in the short term to make sure that we have a continuing vibrant car manufacturing industry?

[The Prime Minister]

I thank my right hon. Friend for his comments. I think it may have been his idea to create the Faraday battery challenge, but I was pleased to support that, as Chancellor, with £200 million of funding. He is right about the importance of building a domestic gigafactory capability. I was pleased with the announcement from Envision and Nissan in Sunderland. There is more in the pipeline, and we have the automotive transformation fund available to support those projects to build the vibrant ecosystem that he and I both want to see.