Climate Change: Targets Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Lord Bilimoria
Main Page: Lord Bilimoria (Crossbench - Life peer)Department Debates - View all Lord Bilimoria's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 5 months ago)
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Lord Bilimoria (CB) [V]
My Lords, this year, we are organisers of both the G7 summit and COP 26. The UK has an obligation to demonstrate global leadership on climate and environmental policy, and build on our existing strengths to help others to face climate change risks. We are the first country to commit to achieving net-zero greenhouse gas emissions by 2050. I thank the noble Baroness, Lady Sheehan, for initiating this debate.
Do the Government agree that government and the private sector need to work closely together on this? The CBI, of which I am president, welcomes the industrial decarbonisation strategy. We await the Government’s net-zero strategy and look forward to the heat and building strategy, the decarbonisation of transport plan and the hydrogen plan. On Monday, the CBI launched Seize the Moment, our economic vision for the next decade, whereby decarbonisation will be a key pillar in the years to come. We urge the Government and industry to make the most of this unique time and focus on building future growth and prosperity. We need ambitious private partnerships, sustainable financing and innovative clean tech solutions. We need to cut emissions, not only in the power sector but in transport, buildings and industry. Do the Government agree?
The CBI is happy to support the National Centre for the Decarbonisation of Heat at the University of Birmingham, of which I am the chancellor. Do the Government support such an initiative? Decarbonising heat is perhaps one of the most significant challenges on our journey to net-zero emissions. We must make progress on decarbonising emissions associated with our buildings; their heating is a significant factor.
At COP 26, the CBI would like to see progress on international negotiations so that countries are aligned in setting and delivering ambitious targets for emissions reduction. Two weeks ago, as president of the CBI, I was privileged to host the B7 summit. Climate change was of course one of the key themes. There was a lot of enthusiasm across the international business community for a more sustainable future. I repeat what I said on 17 May:
“The Prime Minister said at the B7 last week that the race to net zero is not a zero-sum game. In true Boris style, he also said: ‘Green is good.’”—[Official Report, 17/5/21; col. 381.]