Climate Action and Extinction Rebellion Debate
Full Debate: Read Full DebateVince Cable
Main Page: Vince Cable (Liberal Democrat - Twickenham)Department Debates - View all Vince Cable's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 7 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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I cannot disagree with my hon. Friend that the focus on retrofitting is hugely important. He and I put ourselves on the green deal Bill Committee because we believed there was a way to incentivise people—if someone retrofits their home, their energy bills go down, and they often get a higher sale price or a lower running cost.
We have to work in all sectors. There will continue to be an element of Government investment. We are working with mortgage lenders. There is evidence that offering a green mortgage pays for itself, because people can borrow more cheaply and get a better rate of return. There have to be many ways of doing this. In constituencies like mine, many homes are not suitable for traditional retrofit technologies such as cavity wall insulation. That is why part of the £2.6 billion we are spending on innovation over this Parliament has to go into finding solutions for such homes.
The Minister is right that there are some sectors, such as power generation, in which major progress has been made in carbon reduction, but does she agree that there are others, such as aviation, where virtually nothing is taking place? Does she agree that the Government should re-examine major expansion projects such as Heathrow specifically to look at the climate change implications?
The right hon. Gentleman tempts me into another Department’s area. I have to say that I believe that most of the emissions problems with this specific aviation project relate to transport to and from the airport, and clearly there is much more that can be done on that with the Department for Transport. Equally, however, we have to look at how we try to solve the aviation problem globally. Again, there is no point trying to do something unilaterally that disadvantages the UK economy, when we could be working to solve the problem. One of the things the Department has been doing is investing in alternative fuels, in many cases created from the waste products of other processes, and that is the sort of innovation we need to see because unless we can drop the emissions from aviation substantially, we will not be on track.