Low-carbon Economy

Energy and Climate Change – in the House of Commons at 12:00 am on 14th July 2016.

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Photo of Luke Hall Luke Hall Conservative, Thornbury and Yate 12:00 am, 14th July 2016

What assessment she has made of the potential effect of the Government’s decision on the level of the fifth carbon budget on investment in the low-carbon economy.

Photo of Mark Menzies Mark Menzies Conservative, Fylde

What assessment she has made of the potential effect of the Government’s decision on the level of the fifth carbon budget on investment in the low-carbon economy.

Photo of Andrea Leadsom Andrea Leadsom The Minister of State, Department of Energy and Climate Change, The Secretary of State for Environment, Food and Rural Affairs

The UK’s system of carbon budgets provides the long-term certainty that businesses need to invest in our low-carbon economy. The Government announced last month that we would accept the advice of the Committee on Climate Change on the level of the fifth carbon budget. That announcement has been widely welcomed by the business community.

Photo of Luke Hall Luke Hall Conservative, Thornbury and Yate

I thank the Minister for that answer. Will she update the House on what steps the Government will take to involve investors and businesses in the preparation of their emissions reduction plan?

Photo of Andrea Leadsom Andrea Leadsom The Minister of State, Department of Energy and Climate Change, The Secretary of State for Environment, Food and Rural Affairs

As my hon. Friend would expect, we are already busy working on that plan with other Departments, businesses, consumers and civil society. For example, we are already in discussion with the CBI, the Aldersgate Group and Energy UK among others to arrange specific stakeholder events, ensuring that our emissions reduction plan is built from the ground up, with input from a range of stakeholders.

Photo of Mark Menzies Mark Menzies Conservative, Fylde

Westinghouse nuclear fuels is the second largest employer in Fylde and produces nuclear fuel for 15% of the UK’s electricity production. What assurances can the Minister give that this Government will continue to support the UK’s domestic nuclear fuel industry and take us to a low-carbon future?

Photo of Andrea Leadsom Andrea Leadsom The Minister of State, Department of Energy and Climate Change, The Secretary of State for Environment, Food and Rural Affairs

Nuclear power is a vital part of our work to build a secure, affordable and clean energy system to keep the lights on in the decades ahead. The Westinghouse facility in my hon. Friend’s constituency has a crucial role to play, providing the fuel that powers our nuclear fleet, as well as employment to many in his constituency.