Jacob Young
Main Page: Jacob Young (Conservative - Redcar)Department Debates - View all Jacob Young's debates with the HM Treasury
(3 years, 3 months ago)
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Kemi Badenoch
I thank the hon. Lady for that question. We recognise that this is an issue under intense speculation. We will publish a strategy that will set out many of the answers to the questions she is posing. What we have said is that we will put affordability and fairness at the heart of our reforms to reach net zero. The fact is that everyone in this House agreed with us when we set that target. For example, we have put in place plans to bring in electric vehicles by 2030. These will require changes not just in how we spend, but in our tax and regulatory system. The answers will come in due course.
Jacob Young (Redcar) (Con)
As chair of the all-party parliamentary group on hydrogen, may I take this opportunity to welcome the Government’s world-leading comprehensive hydrogen strategy, backed up by £105 million of public funding to unlock £4 billion of private investment by 2030? Does the Minister agree with me that this is how we will build back better and create more jobs in places such as Teesside?
Kemi Badenoch
I thank my hon. Friend for that question. I do agree with him: building back better and building back greener are at the heart of this Government’s strategy. I thank him for raising those points, which will benefit Teesside and the north-east in general.