Oral Answers to Questions Debate
Full Debate: Read Full DebateRichard Graham
Main Page: Richard Graham (Conservative - Gloucester)Department Debates - View all Richard Graham's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 9 months ago)
Commons ChamberI applaud the work of the national Living Wage Foundation, but we have a crucial role to play in ensuring that Her Majesty’s Revenue and Customs has the resources to enforce the minimum wage, where it needs enforcing. That is our priority, although obviously I respect the work of the Living Wage Foundation.
As my hon. Friend knows, the issues raised by the review are complex. A lagoon programme could cost in the region of £50 billion. The costs of renewable energy are plummeting, and we need to consider the questions associated with deploying this technology in the marine environment. All programmes have to be considered with the following in mind: the cost, the export potential and the contribution to the green economy.
The Hendry review was delivered on time by a distinguished former Conservative Energy Minister who started a sceptic and finished a convert, strongly recommending that the Government push ahead with a pilot project. Although none of us would want to see the Government rush into decisions of this kind— a global first—what are the chances of a formal response before the review’s first anniversary in January? Does my hon. Friend agree that the Budget is an excellent opportunity for a positive announcement?
My hon. Friend may be frustrated, and I know the Government have yet to respond to the review, but as I have said this is an extremely complex issue and we need to ensure that we make the right decision. All I can say to him is that we will be publishing our response in due course.