Oral Answers to Questions

Mohammad Yasin Excerpts

Tuesday 2nd November 2021 Commons Chamber

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

8. What fiscal steps he is taking to contribute towards achieving the Government’s net zero emissions target.

[Mohammad Yasin (Bedford) (Lab)]

10. What fiscal steps he is taking to contribute towards achieving the Government’s net zero emissions target.

[The Financial Secretary to the Treasury (Lucy Frazer)]

As 120 world leaders gather in Glasgow today, the hon. Member for Greenwich and Woolwich (Matthew Pennycook) asks a very pertinent question. Our net zero strategy outlines measures to enable us to make the transition to a green and sustainable future. As for fiscal measures, the Budget and spending review commit us to £30 billion of public investment towards net zero.

[Lucy Frazer]

The hon. Member will know that in our Budget we set out a number of measures to enable us to make the transition to a net zero world. We have made announcements relating to transport and warmer, greener buildings as well as energy and industry, and of course the Treasury always considers the impact in relation to net zero targets.

[Mohammad Yasin]

The Chancellor claims to want to tackle climate change and improve air quality through measures including the decarbonising of transport. If he is serious, this week of COP26 presents him with a great opportunity to commit himself to the electrification of the East West Rail line from day one to avoid the need for diesel locomotives and the future costs of retrofitting. Will he make that commitment today?

[Lucy Frazer]

The hon. Gentleman has raised the important issues of electrification and the importance of making our transport green. As he will have seen, the Budget provided research and development funding to commercialise low and zero emissions technologies. I would be happy to talk to him about the local issue he raised.