Ed Miliband MP: speeches

Speeches

• 26 Nov 2024 · COP29 · Hansard source

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  The hon. Gentleman is absolutely right. Russia’s invasion of Ukraine demonstrated the truth, which is that, unfortunately, fossil fuels do not give us energy security. Whether those fossil fuels came from the North sea or were imported, prices shot through the roof; our constituents paid the price, and the Government paid out £94 billion in support. That is why our clean energy superpower mission is so important, to give us the energy security that the Conservatives completely failed to give us.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend is right about that and has been a great champion on these issues. It shows the opportunities—there are countless opportunities across the world, including in relation to this finance deal, because this will create huge business opportunities. The truth is that Governments all across the world are alive to those opportunities, and I want Britain to win these jobs of the future.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend asks absolutely the right question. That is the work that we will be undertaking with Brazil and other like-minded countries in the year ahead. Next year marks a very important moment: we have to set our nationally determined contributions for 2035, five years on from the last time the world did so. This is such an important moment, because it is how we need to get back on track for keeping temperature rises down. We will be straining every sinew to work with others to make that happen.

• 26 Nov 2024 · COP29 · Hansard source

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  The hon. Gentleman raises a really important point. As much as developing countries wanted the biggest possible sum to support them, they were as worried about the quality of finance and their access to funds as they were about the quantum. Time and again, I heard from developing countries that they wait years to access the available funds, so ensuring that they are spent on the right things and are accessible will be crucial work for the months and years ahead.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend asks an important question. Two truths came out of COP: first, the transition is unstoppable and, secondly, it is not going fast enough. There is such a difference from a decade ago—my hon. Friend, who was there with me, is nodding in agreement—because every country knows that the climate crisis is happening and is affecting them. The testimony I heard was like the testimony that we could provide about what people are seeing. Every country knows they have to act, and while they all face constraints in acting, they also know—this is the big change from a decade ago—that it is massively in their economic interests. There is a race on for the good jobs of the future, and the clean energy transition can provide them.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend is absolutely right. [Interruption.] Conservative Members are chuckling away but the truth is that this is a very serious and important point. The British people want us to act. They want us to act across parties on this issue. They know it is a massive threat to our country because they see it in their daily lives and they see it on the news, and they also know it is the biggest opportunity for our country. We believe it. The Conservatives used to believe it; I am afraid they are way out of step with the British people.

• 26 Nov 2024 · COP29 · Hansard source

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  I understand why the hon. Lady expresses that disappointment—indeed, a number of developing countries expressed that disappointment. However, I think that this is a considerable scaling-up of resources. That is to state the obvious, because $100 billion was the previous commitment. It is the provision and mobilisation of resources. She is right about the balance between grants and loans, and about the funds that are required for adaptation, but the truth is that public finance on its own will never meet the need. That is why the agreement on carbon markets that was part of this COP is important, and why the mobilisation of private finance, and working on a road map to that mobilisation, which is also part of the agreement, is so important.

• 26 Nov 2024 · COP29 · Hansard source

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  Both parts of what my hon. Friend says are right. Since we contribute only 1% of global emissions, we must work with others to ensure that we tackle this problem. The biggest thing I find in this job is that clarity of purpose and direction makes a huge difference to private investors. Uncertainty is the enemy of investment, while the certainty and direction that this Government are providing is the friend of companies investing in the UK.

• 26 Nov 2024 · COP29 · Hansard source

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  I thank the hon. Lady for her question and support for ambitious action, which is important. Let me pick out a couple of the points she made. First, the point about the devastating effects of the climate crisis already being apparent is important. Part of the danger is that those effects will end up being the new normal, and we will just think of them as part of life. They are part of life in a sense and, as she said, we need the right flood defences in place and so on, but we also need to realise that those effects will get significantly worse if we do not act. Future generations will, frankly, hold us in infamy, saying, “You knew about the scale of the devastation and had seen a preview of what was to come, and you decided you couldn’t act,” so she is absolutely right. Secondly, let me gently correct the hon. Lady on the warm homes plan. We are getting on with the warm homes plan; indeed, announcements were made last week about actions that will help over 300,000 families benefit from homes upgrades next year. There were announcements about heat pumps and a whole range of actions to help families do better and lower their energy bills. I will make one more point, which is part of what the hon. Lady was saying: this is a climate crisis and a nature crisis. It is a climate and biodiversity crisis. It was a bit disappointing that the nature part of the agenda at COP did not get the attention it deserved, and that will be important for COP30 in Brazil.

• 26 Nov 2024 · COP29 · Hansard source

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  There is a long tradition of civil servants playing a really important role at these COPs. In fact, the right hon. Gentleman may be interested to know that we sent 100 fewer civil servants to this COP than to the last one under the previous Government. I absolutely defend public servants doing a brilliant job and going to these COPs. Why? Because it is absolutely in the British national interest.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend makes a really important point—it may be a slight counter to the right hon. Member for East Antrim (Sammy Wilson). Beneath the headlines, this is where the hard yards of work at COP happened. It has taken 10 years to do these article 6 negotiations and complete them, but this is about voluntary carbon markets. In answer to my hon. Friend’s question, we are consulting on some of the high-integrity principles for that, but again, this will make a difference to developing countries and get funds flowing to them. That is another reason why these COPs are worthwhile.

• 26 Nov 2024 · COP29 · Hansard source

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  That is not the way it works. We set a global total and then it is for individual countries to come forward with their contribution—that is the way it works.

• 26 Nov 2024 · COP29 · Hansard source

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  The right hon. Gentleman is absolutely right, and he speaks with customary eloquence on the issue. This is literally an existential issue for the small island states. Their testimony at COP was compelling and deeply distressing, and that is why the finance deal is important. It was not everything they wanted, but it is a step forward.

• 26 Nov 2024 · COP29 · Hansard source

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  We do think that Wylfa has very important prospects. There is an important pipeline of nuclear projects that we are moving forward with, and we look forward to discussions about Wylfa in the coming months.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend asks a really important question. I met with some of the youth campaigners and the youth coalition at COP, and I agreed with them. The UK has signed up to a youth clause in our NDC, which is about recognising young people as agents of change when it comes to climate and the need to engage with young people. I would love to talk to my hon. Friend and those young people about how we take those issues forward in the months ahead.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend is absolutely right. My constituents in Doncaster have faced two supposedly one-in-100-year flooding events over the past 10 years or so, and we know that those events will become much more extreme if we do not act, but the truth is that we cannot act on our own; we must act with others. That is the fundamental case for multilateral engagement and working with others on these climate issues, which the Conservative party used to believe, but no more it seems.

• 26 Nov 2024 · COP29 · Hansard source

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  We obviously have to look at all these issues. These global levies and taxes are always quite complex and difficult things to make happen. We have said that we will support the idea of the maritime levy, but we need to proceed cautiously on these issues, because frankly it is important that the finance is provided, and we will obviously engage in those discussions in the months ahead.

• 26 Nov 2024 · COP29 · Hansard source

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  I will deal with the wider issues of peatlands, because money was allocated in the Budget for these issues through the Department for Environment, Food and Rural Affairs. That is a very important issue, and the wider issue is also important. We also need to make progress at a global level. The other issues are actually a matter for DEFRA, but I will undertake to write to the hon. Lady on them.

• 26 Nov 2024 · COP29 · Hansard source

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  Thanks so much for the support. Let me deal with the hon. Gentleman’s questions in turn. It has always been the case that climate finance is part of the aid budget—that is not some new announcement I have made. Obviously, that is a decision that we make, along with the Foreign Office and other colleagues across Government, about the right balance of resources and where the need is greatest. As for GB Energy, he knows that it will be headquartered in Aberdeen. We are getting on with setting it up: we have a start-up chair in Juergen Maier, and it is ploughing ahead. We have been in office less than five months, but the legislation is going through, and that will happen. The hon. Gentleman’s second question was about Drax. The previous Government issued a consultation on that, and we will respond in the months ahead.

• 26 Nov 2024 · COP29 · Hansard source

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  My hon. Friend is absolutely right. This is the route to reindustrialisation, and nuclear is a central part of this Government’s clean energy mission. As I always say, electricity use will at least double by 2050, so we need all the technologies at our disposal.

• 26 Nov 2024 · COP29 · Hansard source

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  I will resist the second half of my hon. Friend’s question, if you don’t mind, Mr Speaker. On the first part of his question, the COP process does have its critics, so I will say a couple of things. First, 15 years ago, when I last attended the COP as Secretary of State in Copenhagen, no country was signed up to net zero. Now, 90% of the world’s GDP is covered by net zero. That is not only because of the COP, but that process of international engagement is important, and it is a forcing mechanism to put world leaders on the spot. Secondly, the reason why it is hard is largely because we have 198 countries all trying to agree, which is difficult. If people can think of improvements to the system, that is great, but that engagement is really important.

• 26 Nov 2024 · COP29 · Hansard source

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  That is an important agreement and I am glad that my hon. Friend has drawn attention to it. This is about the next generation of nuclear power stations. The truth is—and this applies across clean energy, in nuclear, renewables and so on—that we can learn so much from and work with each other in global and bilateral co-operation. We can work with US and UK companies. There can be huge benefits right across the country.

• 26 Nov 2024 · COP29 · Hansard source

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  There are indeed members of the UK Youth Climate Coalition who go to COPs. I do not want to interfere in UKYCC’s processes for picking those people, but my hon. Friend makes an important point about the voice of young people. They represent young people, but they also represent future generations, and hearing how those future generations will regard the actions that we do or do not take is incredibly important.

• 26 Nov 2024 · COP29 · Hansard source

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  We just disagree on the idea that we should not have taxed the unearned profits of the energy companies, which were paid for directly by the British people. If the hon. Gentleman wants to say that we should not have had a windfall tax on the oil and gas companies, he is way out of line with his constituents.

• 26 Nov 2024 · COP29 · Hansard source

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  As far as COP29 is concerned, we are speeding up global action. As I described in my statement, this finance deal could mean a reduction equivalent to 15 times the emissions of Britain. That is hard going, but it is the way to reduce the temperature rises that will take place. The world is in danger of busting through 1.5°C and going beyond that. That is why action is so urgent and why this finance deal really matters.