Oral Answers to Questions

Debate between Ranil Jayawardena and Ruth Edwards

Thursday 21st April 2022 Commons Chamber

[Ruth Edwards (Rushcliffe) (Con)]

T9. The global surge in energy prices has highlighted the importance of securing both inward investment in green energy generation in the UK and related trading partnerships. Will my hon. Friend set out what the Government are doing to accelerate both those things?

[Mr Jayawardena]

We are driving unprecedented investment in green industries, with the British energy security strategy announcing further cuts to the red tape that hampers growth in some of these sectors. My noble Friend Lord Grimstone is leading our new Office for Investment, and I am delighted that our friends across the Gulf are as keen as we are to back innovation in this area. For instance, £100 million has flowed in from Qatar to support small modular reactors and net zero technology.