The Growth Plan Debate

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Department: HM Treasury

The Growth Plan

Harriett Baldwin Excerpts
Friday 23rd September 2022

(1 year, 9 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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As I reminded my right hon. Friend the Member for Central Devon (Mel Stride), and as I said in my statement, the OBR will be coming up with a forecast, certainly before the end of the calendar year, and I shall be very interested to see and hear what it has to say.

Harriett Baldwin Portrait Harriett Baldwin (West Worcestershire) (Con)
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President Putin has weaponised the cost of energy against western economies, and the measures announced today will provide welcome temporary support for our constituents during this terrible time of invasion. Can the Chancellor confirm that the measures to support business that he has announced today will also allow incentives for investment in renewable energy to continue, so that we never again allow Putin to weaponise energy against us?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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My hon. Friend has made an excellent point about renewables. It is always salutary for the House to be reminded that we have 11 GW—in fact, nearly 12 GW—of installed capacity of offshore wind, which makes us second only to China in terms of the offshore wind roll-out. There is no reason why we cannot continue to lead the world in offshore wind, solar, and other forms of renewable power.