Energy and Environment, Food and Rural Affairs

Part of Debate on the Address – in the House of Commons at 11:32 am on 27 May 2010.

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Photo of Christopher Huhne Christopher Huhne Liberal Democrat, Eastleigh 11:32, 27 May 2010

My hon. Friend has stated precisely what the objective of this key centrepiece of the legislation will be. It is essential that we deal with the issue and leave a legacy that will stand the test of time and will genuinely modernise all our old housing stock, including the pre-first world war housing stock. There are a lot of problems, such as solid wall insulation, of which we are all aware, and such measures can make a dramatic difference to our ability to meet our climate change targets. Indeed, we are all committed in the Climate Change Act 2008, which was taken through the House by the right hon. Member for Doncaster North, to a very dramatic cut in carbon emissions. We have to accept the logical consequences of that commitment, one of which will be measures across the economy to decarbonise the economy and to save energy. I agree with the emphasis put on this subject by my hon. Friend.

As well as reducing carbon emissions and helping to reduce energy bills, the investment in energy efficiency will support our green recovery. It will create more green jobs in the building industry as we convert our old housing stock to state-of-the-art standards. It will help industry grow and build a thriving green economy for the UK, as well as help to close our energy gap in the most efficient way possible by saving energy that we waste.

We are also committed to using our Bill to put in place the building blocks for our low-carbon future. The economy of the future is likely to be powered by electricity and we need to be able to generate enough electricity to meet future needs from low and zero-carbon sources. We are still working on the detail and identifying where legislation is required, but these measures might include the reform of our energy markets to meet the challenges ahead in delivering security of supply and the transition to a low-carbon economy, including the introduction of an emissions performance standard to regulate emissions from coal-fired power stations.