Monday 24th June 2019

(5 years, 4 months ago)

Commons Chamber
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Sarah Newton Portrait Sarah Newton (Truro and Falmouth) (Con)
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Does my hon. Friend welcome the support of the CBI and the British Chambers of Commerce, the NFU, the Royal Academy of Engineering and many household-name companies, because the legislation will give them certainty about investment so that they can benefit from the growth in our economy? It really is not only achievable to reach net zero by 2050, but affordable.

Chris Skidmore Portrait Chris Skidmore
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I thank my hon. Friend for putting on record the wide range of support from many companies that have written to the Prime Minister and set out their own ambitious targets. I feel a bit like the BBC when it comes to whether I should name certain companies rather than others, but I know that many food manufacturers and retail corporations—big names on the high street—have already made the commitment to 2050. We are following in their footsteps as a Government and Parliament to provide the legislation today. My hon. Friend is right: the legislative framework will provide long-term security for those companies to begin their transitions.