Green Investment Debate
Full Debate: Read Full DebateDepartment: Department for Energy Security & Net Zero
Lord Watts
Main Page: Lord Watts (Labour - Life peer)Department Debates - View all Lord Watts's debates with the Department for Energy Security & Net Zero
(1 year, 8 months ago)
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Lord Callanan (Con)
I am afraid I do not have that information to hand. I will need to write to my noble friend.
Lord Watts (Lab)
My Lords, is it not the case that the American policy is being driven by the fact that living standards in America—and in Europe and here—have been dropping? The gap between rich and poor is getting wider, and Governments have so far failed to address that problem.
Lord Callanan (Con)
I do not agree with the noble Lord. There are reasons why the US adopted its policy —investment, which we welcome, into green renewable energy, et cetera. Of course, the US is starting from an awfully long way behind the UK. One of the reasons it has to put in such large subsidies is that it has not provided the long-term legislative certainty that we have.