Climate Change Policy

Part of the debate – in the House of Commons at 7:53 pm on 23rd April 2019.

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Photo of Claire Perry Claire Perry The Minister of State, Department for Business, Energy and Industrial Strategy, Minister of State (Business, Energy and Industrial Strategy) (Energy and Clean Growth) 7:53 pm, 23rd April 2019

Yes. One of the challenges that I have heard is that we need a fundamental reworking of the market-based system to solve all our problems. My recollection is that centrally planned economies historically had some of the worst records on environmental pollution, climate change and emissions. I have seen the power of the private sector investment that my right hon. Friend Dame Caroline Spelman referred to earlier, the technology and innovation that come from competition and things such as the auction system—I see Sir Edward Davey, who previously occupied the post held by the Secretary of State for Business, Energy and Industrial Strategy and who helped to design the system—which have sent the costs of offshore wind tumbling over the past few years. The market-based system does deliver, but we need Government to set ambition, to regulate where required and to convene where necessary.