Energy White Paper

Part of the debate – in the House of Commons at 5:16 pm on 14th December 2020.

Alert me about debates like this

Photo of Alok Sharma Alok Sharma The Secretary of State for Business, Energy and Industrial Strategy 5:16 pm, 14th December 2020

As the hon. Lady talks about what is happening in the US, I should point her to the very supportive comments that former Vice-President Al Gore made over the weekend about the work that the UK is doing. It is not just about public money. She is fixated with the idea that it is just taxpayers who fund this stuff. The whole point is to ensure that we have revenue models and mechanisms whereby the private sector can invest. If she wants to see how this is done, she should look at the offshore wind sector, which was nascent a few years ago. We have introduced the contracts for difference process. We now have the biggest offshore wind sector in the world. That is how to do it: public and private sector working together.