Carbon Capture and Storage Debate
Full Debate: Read Full DebateLord Grantchester
Main Page: Lord Grantchester (Labour - Excepted Hereditary)Department Debates - View all Lord Grantchester's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 8 months ago)
Lords ChamberWell, my Lords, we are where we are. I rather agree with my noble friend about the importance of zero-carbon options, and that is why we want to look at carbon capture and storage. But we should look not only at zero-carbon options but also at low-carbon options.
My Lords, the clean growth strategy will still keep the UK on track to miss the fourth and fifth carbon budgets. The report of the noble Lord, Lord Oxburgh, whom I congratulate on his drive to take this technology forward, went into detail on how CCS could help to achieve these budgets. As for the energy-intensive industries, would the Minister agree that CCS would be a better value answer to these polluting industries than merely giving them dispensation from paying for climate control measures that every other industry has to adhere to?
My Lords, I do not accept what the noble Lord says about us missing the fourth and fifth targets. We will do what we can to meet them; it will be difficult, but that is why we made it quite clear in the industrial strategy and the clean growth strategy why we want to invest in this area.