Net Zero Carbon Emissions: Uk’S Progress

Part of the debate – in the House of Commons at 2:35 pm on 28th February 2019.

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Photo of Layla Moran Layla Moran Liberal Democrat Spokesperson (Education) 2:35 pm, 28th February 2019

I am going to continue for a bit longer.

The Liberal Democrats want to see a carbon neutral Britain by 2050. To do that, we would bring forward a zero carbon Act, including measures to fast-track the switch from fossil fuels to clean energy and green tech. We would introduce a green transport Act, bringing forward the planned ban on new diesel and petrol cars by 2025 and 2030 respectively, and helping to fast-track the uptake of electric vehicle charging infrastructure. Then there is the zero carbon homes standard, which was recklessly scrapped by the Conservatives. I welcome the Plastic Pollution Bill, tabled by my right hon. Friend Mr Carmichael, which would set targets for the reduction of plastic pollution.

All in all, we need a new type of economy—one that is sustainable and which embeds the issues of the day at its heart. We must consider implementing radical financial changes, such as moving to a circular economy, as advocated by the Ellen MacArthur Foundation, using a carbon tax and dividend to use market forces to reduce emissions quickly. We should implement rewards for companies that demonstrate green investment and for pension funds that take pains to divest. We should reward companies that take this issue to their hearts, but I do not yet see the radical change that is needed.