Oral Answers to Questions

Martin Horwood Excerpts

Thursday 17th October 2013 Commons Chamber

[Martin Horwood (Cheltenham) (LD)]

T3. The Government are rightly encouraging investment in energy infrastructure by institutional investors through initiatives such as the Treasury’s pensions infrastructure platform. Will the Minister’s Department tell the Treasury how important it is that that investment in infrastructure is low-carbon and compatible with our overall climate change goals, and will he welcome ShareAction’s campaign to encourage institutional investors to invest in truly green energy futures?

[Mr Davey]

My hon. Friend knows that we are a champion of low-carbon energy investment. I strongly welcome ShareAction’s campaign to promote responsible investment by pension funds and fund managers. People who operate these pension funds should think long term, and there is no longer-term problem and challenge for the people they are investing for than climate change.