Nuclear Sector Deal
Debate between Sam Gyimah and Stephen Lloyd(6 years, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Stephen Lloyd (Eastbourne) (LD)
The costs of all renewable technologies, including wind and solar, have fallen faster than almost anyone predicted, and they now represent much better-value low-carbon energy. However, the Government cut investment in renewables by more than 50% in 2017, and just this week they rejected proposals for the Swansea Bay tidal lagoon. Is this additional investment in nuclear further evidence that the Government are turning their back on renewables?
Mr Gyimah
On the contrary. Since 1990, the UK has cut emissions by 43%, while our economy has grown by more than two thirds. We have reduced emissions faster than any other G7 nation, while leading the G7 countries in growth in national income per person. We are actually increasing our economic growth, while at the same time ensuring that we are doing what we need to do for the environment by promoting clean growth.