EU Referendum: Energy and Environment

Part of the debate – in the House of Commons at 1:25 pm on 12th July 2016.

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Photo of Mary Creagh Mary Creagh Chair, Environmental Audit Committee 1:25 pm, 12th July 2016

I commend the Secretary of State’s decision, in the midst of the post-Brexit turmoil, to publish the fifth carbon budget. I congratulate her on that. The Environmental Audit Committee has heard this morning from the National Audit Office that a 10% achievement gap has already opened up in the fourth carbon budget between 2023 and 2027. Will she acknowledge that the Treasury’s decision in the last spending review to cancel the carbon capture and storage competition will do little to encourage investor confidence in that area?