Green Investment

Lord Purvis of Tweed Excerpts
Tuesday 7th March 2023

(1 year, 9 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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The noble Baroness is dogged in her support for onshore wind and makes an important point. She will know that it is now eligible for CfDs and we are looking at how we can ensure more onshore wind investment with the support of local communities.

Lord Purvis of Tweed Portrait Lord Purvis of Tweed (LD)
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My Lords, given the Minister’s positive reply to his noble friend Lord Hannan, do the Government retain an open mind with regard to Tata, or other organisations not based in the UK, seeking up to half a trillion pounds of taxpayers’ subsidy money?

Lord Callanan Portrait Lord Callanan (Con)
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The noble Lord would not expect me to comment on detailed negotiations with particular companies. We have long had a policy of open and free trade, but we have some relatively limited and targeted investments, including in the automotive sector, which have proved very successful. We are not going to follow the lead of the US and close our borders to foreign competition.