Severn Barrage

Lord Cope of Berkeley Excerpts

Thursday 17th January 2013 Lords Chamber

[Lord Howarth of Newport]

My Lords—

[Lord Cope of Berkeley]

My Lords—

[Lord Howarth of Newport]

Developing the important questions just asked by my noble friend Lord Anderson and the noble Lord, Lord Wigley, and accepting the importance of the environmental considerations that the Minister has rightly mentioned, will she bear in mind that this project is convincingly financeable at present and prospective rates of interest? That is an important reason for a quick decision. Effectively, it would be a free gift of an enormous increase in renewable energy in Britain. It would also be of great benefit to reviving the economy and employment in south-east Wales.