Lord Ravensdale
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(5 years, 1 month ago)
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Lord Duncan of Springbank
We are anchored to the Intergovernmental Panel on Climate Change, and we have our own climate change committee putting the science at the heart of our work. However, the challenge we face is that we alone cannot bring about the necessary steps, so this must be a global endeavour. We are living through a new geological age which has been termed the Anthropocene—we are bringing about change in our very own environment.
Lord Ravensdale (CB)
My Lords, I declare an interest as an engineer in the nuclear industry. New nuclear and a reset of the strategy for achieving it is critical to zero carbon by 2050, being the only mature option for the zero-carbon baseload or non-variable power. Can the Minister provide some assurance that the Government will maintain their focus on new nuclear initiatives such as investment in small modular reactors and the regulated asset based funding model to enable new nuclear beyond Hinkley to move forward?