Net Zero Emissions Target Debate
Full Debate: Read Full DebateSarah Newton
Main Page: Sarah Newton (Conservative - Truro and Falmouth)Department Debates - View all Sarah Newton's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 2 months ago)
Commons ChamberI pay tribute to the right hon. Gentleman for his own leadership in this. I think he will recognise that we are not credited simply with leadership in terms of legislation and targets but with achievement. Of the major industrialised countries we are the world leader in decarbonising our economy at the same time as growing that economy. We should be proud of that.
The right hon. Gentleman is quite right: the inclusion of the review mechanism in the Climate Change Act was a prescient one because it has allowed me to write to the committee, which has resulted in the report to which we are responding today. I think five years is a good period in which to see how we and others are doing against that target and whether the pace of implementation is what is required.
The right hon. Gentleman is absolutely right that policies to support that will be required. The essence of good policy is that it should not have unintended consequences. In terms of the automotive sector for example, I and Opposition Members know that car companies need to be able to generate the returns to make the capital investment to install the new capital equipment that is needed to make electric powertrains, for instance, so getting that pace right so that they can have the returns to be able to reinvest is crucial; otherwise, there could be unintended consequences. The right hon. Gentleman talked about homes and wind, and of course all these things make contributions to meeting that target. The action from now on, including in the energy White Paper, is to set out the policy framework that supports our ambitions.
I warmly welcome the Minister’s statement today and his beautifully articulated ambition for the UK. Cornish engineers, scientists and miners were at the forefront of the first industrial revolution, and the Cornwall and Isles of Scilly local enterprise partnership clean growth strategy shows that we want to play a pivotal role in this fourth industrial revolution. Will my right hon. Friend congratulate a team from Cornwall that yesterday won money from the Faraday challenge? Cornish Lithium and Wardell Armstrong came together to make sure we can set a path for extracting lithium from Cornish mines and create a supply chain here in the UK for the batteries we will need to power up this fourth industrial revolution.
I agree with my hon. Friend and I am grateful for her warm words. She is absolutely right to point out some of the possibilities for Cornwall, including the sources of lithium that will be in demand as we decarbonise and electrify cars and other forms of transportation. There are great opportunities for Cornwall and I know that companies there will be creating new jobs on the back of that prospect.