Wednesday 12th June 2019

(5 years, 6 months ago)

Lords Chamber
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Lord Henley Portrait Lord Henley
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My Lords, my noble friend is right to say that what we do on our own about emissions will not make that big a difference. However, the leadership we can show is important. That is why we are committed to going further and trying to secure the hosting of COP26 next year. We will do all we can to continue to show leadership in that area.

Lord Taylor of Goss Moor Portrait Lord Taylor of Goss Moor (LD)
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My Lords, I strongly welcome the Government’s commitment, particularly given the Chancellor of the Exchequer apparently trying to argue that they should not make it. This is an important moment, supported across the House.

I work in development, housing and renewable heat. I should declare that, but I do so because I am deeply concerned that, while a car may last a decade or so, the houses we build today will—we hope—last a century or much longer. Between now and 2025, when the Minister said we would introduce the new regulations, we will have built some 2 million more homes. Retrofitting old homes to meet zero carbon targets for heat and water is extremely difficult. We have that problem for all those we have already built. We should not build millions more without making that long-term decision now. The Committee on Climate Change has pointed that out and asked for urgent action. London has shown that if you bring in new standards, the market quickly moves to them. Will the Minister bring forward the changes that he has indicated will not come through until 2025?

Lord Henley Portrait Lord Henley
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My Lords, on his first point, the noble Lord is wrong to say that the Chancellor was trying to squash this: he was merely pointing out potential costs. As was made clear in the Statement, the climate change committee estimates that the annual cost of delivering a net zero target is within the same range as the 80% target was when it was set in 2008. Our own assessment of costs is within that range. It is right that the Chancellor takes an interest in the likely costs—after all, he is responsible for these measures.

The noble Lord is right to point to the importance of what we do about homes. We have an appropriate target and have announced what we want to do about energy efficiency by 2025. We will stick to that date, which will allow us to meet our target.