Wera Hobhouse MP: speeches 2024

Speeches

• 8 Oct 2024 · Great British Energy Bill (First sitting) · Hansard source

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  So the Bill is sufficient in protecting communities? Shaun Spiers: I would like to see a nature recovery duty in the Bill.

• 8 Oct 2024 · Great British Energy Bill (First sitting) · Hansard source

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  Q Good morning. I want to come back to clause 5 of the Bill, which is about the statement of strategic priorities. Most of what I have heard this morning is that we are a bit worried about there not being enough detail on certain things. Should there be more detail about the strategic priorities in the Bill, such as job creation, or should there be a precise timeline for when we can actually expect that? The whole purpose of the Bill is to speed up all that energy transition, and currently we do not know when we will see a statement. Is it important that we actually get some timelines in the Bill? Mike Clancy: The simple answer is yes. The longer there is a concept phase, albeit a positive concept phase, the more that we are talking about a multiplier effect from GBE in many respects. If GBE is delivered, starts to operate and gives confidence to the direction of energy policy, other investors will see this as a serious proposition and therefore we will be engaging in this huge process of energy transition. As I said just a moment ago, it also means that talented people can see a future. We want to be part of that. So, within the process of parliamentary drafting, the more that we have a clear set of objectives—actually differentiating it as a public entity and setting the tone for what you want from energy assets in the future—the better, because that will give that confidence. That also has a knock-on effect for the confidence of private investors in other parts of the energy environment.

• 8 Oct 2024 · Great British Energy Bill (First sitting) · Hansard source

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  Q Good morning, Mr Maier. It is very good to see you here. I have some questions about the overall aims that the Bill and the company are trying to achieve. You have just said that it will be an enabler, so we have to imagine it as something that will happen before any contracts for difference are attributed. It is an enabler to make people and companies ready to bid into the CfDs, for example. Is that how you see the role? People are used to the status quo, and the CfDs have been very successful. Some companies are wondering how it is all going to fit together. Juergen Maier: Certainly the enabling part of what we do will be pre-CfDs, as you say. That is also where our partnership with the Crown Estate comes in. This is where we will be doing a lot of the early consenting and engaging on the willingness to co-invest and give confidence, but we will also be there past the CfDs. As and when the schemes get developed, there may be opportunities to come in and be a co-investor. We would also be supporting that.

• 8 Oct 2024 · Great British Energy Bill (First sitting) · Hansard source

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  Q We had a line of questioning around research and development. Do you think it is important that the Bill is future-proofed in that way—that GB Energy really focuses on those markets and those projects where the private investors would not come in behind? Is there any way in which the Bill could strengthen that? Research and innovation is probably one of the main focuses of what GB Energy can deliver successfully. Adam Berman: A fundamental conundrum with GB Energy will be the extent to which, through legislation, you want to constrain its investment activities. Clearly, from an industry perspective, we are very keen that there be an emphasis on additionality, on complementing and not duplicating private sector capital that is already there. Dan mentioned wind. The recent CfD allocation round 6 auction crowded in about £20 billion of private sector investment—that is one year and one auction. That is not to say that £8.3 billion capitalised over a Parliament is not a significant sum of money; it is to say that if we want the most bang for buck, it is absolutely about thinking about those areas where it can be complementary to the private sector. On the one hand I am saying that, yes, industry would be very happy for GB Energy to have that as a focus, but it is also fair to say that it would be a restriction in GB Energy’s activities if it were only to engage in a space that enabled additionality, because it would restrict some of the investment portfolio that it could end up with. Dan McGrail: The private sector and the industry in general have been quite clear that we see a real benefit in the participation of GB Energy in emergent technology, such as tidal energy. However, even within the five founding statements, there is nothing specific about fostering UK home-grown innovation. I would err on the side of caution within legislation, or at least I would not put it as a boundary condition. It should not be the only thing, but if it were somewhere in the plan—either in the founding statements, if they get modified, or in the plans brought forward by the Secretary of State—that would be healthy.

• 8 Oct 2024 · Great British Energy Bill (First sitting) · Hansard source

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  So—

• 8 Oct 2024 · Great British Energy Bill (First sitting) · Hansard source

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  Q I have one last question about the timeframes, which are very vague. The Bill states: “The Secretary of State must prepare a statement of strategic priorities for Great British Energy.” Do you have any idea of when we can expect that statement to be laid before Parliament? Juergen Maier: I am not sure of the exact timings. Maybe when you get evidence from the Minister he will be able to put a time on that.

• 8 Oct 2024 · Great British Energy Bill (First sitting) · Hansard source

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  Q I want to come back to what Shaun said a little earlier about the slight risk of the great power that the Secretary of State has. Do you think that there should be some protection in the Bill for communities, so that they can have a say? We also know that quite a lot of the delivery of our new transition infrastructure might be delayed because communities are not entirely certain, for instance. Is there a risk, and should there be something in the Bill that protects communities, so that they can be confident they are part of the transition and are being listened to? Shaun Spiers: I think a nature recovery or nature protection duty in the Bill would be helpful in reassuring communities. The investment in community energy, where people really have a stake in the energy, will take some of the sting out of the opposition to renewables, but I would not overload the Bill with things that are better dealt with in the planning system. This is a Bill to enable a lot of investment in achieving a decarbonised power system and long-term energy security. To try to overload it with things that are best dealt with in other parts of government, or other legislation, would be a mistake.

• 8 Oct 2024 · Warm Homes Plan · Hansard source

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  Local authorities play an important role as trusted sources of knowledge and expertise, and guide householders, for example, to trusted installers, but they need the resources to do that. Will the Department devolve some resources to local authorities to fulfil that important role?

• 7 Oct 2024 · Carbon Capture, Usage and Storage · Hansard source

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  Waste incinerators release, on average, a tonne of CO 2 for every tonne of waste incinerated. They are usually called “energy from waste” but their environmental value is questionable unless carbon capture is attached. Yes, we need to recycle more, but energy from waste will be with us for years to come. Will the Secretary of State commit to significantly scaling up carbon capture for energy from waste plants?

• 12 Sept 2024 · Business of the House · Hansard source

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  I thank the Leader of the House for announcing the forthcoming business, and echo her in wishing the Princess of Wales all the best in her further recovery. May I also say how proud it makes me that the first Opposition day debate in the name of the Liberal Democrats has been announced? Tomorrow marks the beginning of the Jane Austen festival in Bath. It is the largest festival of its kind, and a wonderful occasion to celebrate one of the city’s most famous residents. Everybody here is invited to come and celebrate Jane Austen in Bath’s regency glory. Austen is one of the UK’s best known female authors, and her writing is still known hundreds of years after she wrote her famous novels. She was a strong advocate for education and broke down barriers for women in education and literature, which makes it all the more disappointing that even today many students will not study a female author at GCSE. A shameful 2% of students did, according to End Sexism in Schools. It is not just when it comes to the authorship of novels that women lack representation; over 70% of the set texts offered by the most popular awarding body have both a male author and a male protagonist. Diverse literature enriches children’s education. There is a wealth of inspiring novels written by women that children unfortunately do not get to read in school. If the next generation is to grow up challenging male dominance in society, boys and girls need to be exposed to empowering representations of women. We need more pride and less prejudice in the curriculum. In the light of the Government’s upcoming curriculum and assessment review, can we have a statement from a Minister on how to address the gender bias in English literature?

• 10 Sept 2024 · COP29: UK Priorities · Hansard source

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  The hon. Gentleman just said “dispatchable” baseload power, and that is exactly what nuclear is not. If we just have a baseload that trundles along, renewables will be the ones we turn off and the nuclear will keep going; that is a waste of a lot of renewable energy, and it already happens. Does not the hon. Gentleman agree that we need to rethink our idea about baseload as we move into a more flexible, renewable world?

• 10 Sept 2024 · COP29: UK Priorities · Hansard source

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  I congratulate everybody who has contributed to this important debate. Many different points were made, and all were made well and passionately. The new hon. Member for Ealing Southall (Deirdre Costigan) was absolutely right to say in her passionate opening speech that it is unacceptable when Governments make international agreements and then do not honour them. That is not only catastrophic for our climate action but it undermines our international reputation. The hon. Members for Bristol Central (Carla Denyer) and for Stratford and Bow (Uma Kumaran) were absolutely right to say that the UK has a huge responsibility to show climate leadership. The hon. Member for Whitehaven and Workington (Josh MacAlister) made a strong plea for developing our nuclear capacity. I, too, am not entirely certain about his point, but I am sure the Government will be able to persuade us on that—or not, as the case may be. The hon. Member for Strangford (Jim Shannon), who never misses an opportunity to speak in debates about net zero, spoke up for the nations that are being left behind and made the point that we need to bring everybody with us. I do not agree with everything the hon. Gentleman says about climate change, but we definitely agree on that point. The hon. Member for North Herefordshire (Ellie Chowns) asked the Government what progress we are making on energy efficiency in housing. She made her point well, and it has very much been heard by us Liberal Democrats. I pay tribute to my hon. Friend the Member for South Cambridgeshire (Pippa Heylings) for her intervention, in which she said that we need, and should work towards having, a climate envoy at COP29. Last but not least, we heard powerful points on the importance of water, which is becoming a massive issue with climate change, as water shortages will drive a lot of displacement. Those points were well made. The UN is not a world Government, and COP can work only on a consensual basis. Effective diplomacy is therefore essential in coming to arrangements. Although the agreements made at COPs are not legally binding, we must not underestimate their importance in setting the global agenda on climate change. COPs are also crucial to getting polluters to engage with climate-vulnerable countries, many of which have been severely impacted by climate change and are on the brink of climate catastrophe. COP28 resulted in countries agreeing to “transition away” from fossil fuels, using the strongest language ever used in respect of the phasing out of fossil fuels. This marked a significant step forward. Regrettably, despite excitement that the COP28 agreement saw the beginning of the end for fossil fuels, the actual text was undermined by loopholes and was flawed given the absence of timescales. That means there is even more emphasis on the upcoming COP29 summit, which will be more important than ever. Strengthening the wording on the acceleration away from fossil fuels must be the first priority. That will require rapid and sustained emission reduction, and increasing renewables will be crucial. The Liberal Democrats absolutely agree with the Green party about the focus on renewables. At COP28, a commitment was made to triple renewable energy. The commitment marks progress; now, action must follow. Climate finance must be increased if the agreements of COP28 are to be honoured. Here at home, I urge everybody to support the climate and nature Bill. Nature is critical for effective climate action, and biodiversity is our greatest natural defence against climate change. The CAN Bill would require the Government to rapidly reduce our carbon footprint and protect and restore ecosystems, and would ensure that the Government take responsibility for the environmental damage caused by our supply chains. Halting and reversing deforestation made it into the final text of a COP agreement for the first time at COP28, with Governments agreeing on the need to halt and reverse deforestation by 2030. But forests continue to be decimated for crops. Reversing deforestation is also a responsibility for importing countries such as the UK, which must eliminate deforestation from their supply chains. Deforestation must be a big focus for COP29, and ideas such as a compensation fund for conserving standing rainforest should be part of the discussion. No country should be left behind in our shared goal of halting warming. Article 6 of the Paris agreement is all about helping countries to work together to meet their climate goals through the voluntary transfer of carbon credits. At COP28, we were unable to finalise this; we look ahead to COP29 to make it easier for countries to collaborate on lower emissions. Finalising the new collective quantified goal on climate finance must also be a focus. The NCQG aims to set a new financial target for supporting developing countries in their climate actions. The timeframe for the goal is crucial: a short goal will inspire a sense of urgency to get finance flowing where it is needed. It is reassuring that the new Government have committed to ending licensing for exploring new oil and gas, and I hope Labour will take this promising start on to the world stage and negotiate for an agreement that goes further and faster than the agreement made last year. It is particularly important that the more developed nations remain the driving force behind the global journey to net zero, setting a good example and bringing the international community along with us. At COP28 we understood that COP’s work was based on three pillars of action: mitigation, adaptation and loss and damage. Mitigation is where we have made reasonable progress; adaptation is the next challenge. The second pillar of climate change is adaptation. It is essential to adjust to climate change as it is happening. As we speak now, we see it everywhere. The Climate Change Committee has advised that the gap between the level of climate risk we face and the level of adaptation under way has widened in the past few years. Estimated adaptation costs in developing countries are five to 10 times greater than current public adaptation finance flows. At home, sea levels could rise by over a metre by the end of the century. The more we put off adaptation measures, the more difficult and expensive it will be in the future. National adaptation plans or NAPs—another acronym—are a vital part of this. COP29 must focus on financial and technical assistance, and close the adaptation finance gap. Another part of the COP28 agreement that needs action is the overreaching global goal of adaptation. A long time in the making, that agreement is welcome, but its framework does not adequately address the financial support needed. The GGA requires quantified, measurable targets to mobilise finance. The third and final pillar, and the one of most importance if we look around the planet, is loss and damage. The launch of the loss and damage fund at COP28 was a breakthrough: it marked an important step in Britian’s relationship with climate-vulnerable countries. However, the money that was pledged was miserable. It is shameful that we, a rich nation, could not come up with more. COP29 should establish long-term commitments from countries to make adequate annual contributions. Under the previous Conservative Government, the UK’s contribution to the loss and damage fund came from pre-existing climate finance commitments and the foreign aid budget. Foreign aid is vital, but it is separate from climate action; it is about education, health and so on. To put the two together was either cynical or a huge misunderstanding; it makes a mockery of the whole principle. The idea of the fund is that richer nations should support poorer ones, no strings attached. Simply redirecting pre-pledged finances to the fund was a real dereliction of duty. COP29 is the moment for countries to stand by their pledges by announcing concrete steps to achieve them. The implementation of the fund must be led by the needs of countries vulnerable to climate change, rather than the interests of donor countries. To conclude, national and international action on climate change is not a nice-to-have luxury, but an imperative to avoid the inevitable destruction of livelihoods around the world and the potential of large-scale conflict and mass displacement. The stakes could not be higher. We might have to reinvest a fraction of our wealth, but the benefits of that are immeasurable.

• 9 Sept 2024 · Transport · Hansard source

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  I sense that there is a great deal of consensus across the House on this statutory instrument. There is consensus that the aviation sector is one of the hardest to decarbonise, and probably also that the new technology that is being proposed—SAF, in its different iterations—needs a great deal of technological knowledge. However, the principle of taking the first steps towards creating the SAF mandate—of the requirement for SAF to meet 2% of total jet fuel demand from 1 January, and of increasing that on a linear basis, to 10% by 2030 and to 22% by 2040—has no opposition, and we will absolutely support the Government in that effort. Virgin Atlantic has already demonstrated that a plane can fly across the Atlantic on 100% SAF, but that was just one flight, and there are hundreds of flights every day. That is the challenge. I congratulate Virgin Atlantic on this groundbreaking achievement but we really need to see how industry, the Government and indeed everybody who is developing new technologies can produce sustainable aircraft fuels at the scale that is needed. This needs a great deal of investment. We know that biofuels are not a long-term solution, as they compete with food production. SAF from waste, the next generation of SAF, is not a long-term solution either. It is obviously part of the solution, but as the shadow Minister has pointed out, the real challenge is to get to the third generation SAFs—that is, synthetic fuels. We need to develop them as soon as possible, and they need a great deal of electricity. Whatever we say about this, direct air capture needs a great deal of electricity. Producing hydrogen in a sustainable way—that is, getting to green hydrogen—will also need a great deal of electricity. The crunch in all this is: where is all that renewable energy coming from, unless we are ultimately overproducing renewable energy? I believe that GB Energy will have a big say in this and will be crucial in developing all the renewable energy that will ultimately help us to decarbonise the aviation sector. This is really the challenge. While I welcome the kick-start of a journey to net zero in aviation, the 10% to 22% mandate between 2030 and 2040 is a concern for the Liberal Democrats. We want to get to net zero by 2045, but having planes still running on 78% fossil fuels is just not good enough. The UK has the third largest aviation network in the world and the second largest aerospace manufacturing sector. Almost 1 million UK jobs are directly or indirectly supported by the aviation sector. The future of the aviation industry with SAF is obviously a wonderful opportunity and challenge. Making the right choices on SAF will ensure that the UK can continue to be a global leader, and I think that we are as one across the House in wanting this to happen in order to make the UK the global leader in this area. It is only right that we take these steps, which support decarbonisation and also create the jobs that we need in the future. What is important is that the Government collaborate with the aviation fuel suppliers to ensure that this initiative really succeeds. I would like to hear a little more detail from the Minister about how the Government will work alongside suppliers to make this a long-term success. As I have said, we welcome this, but there are other examples of what we can do in the meantime to decarbonise the sector. For example, we could ban short-haul domestic flights on journeys that can be done by rail in less than 2.5 hours. Such a ban already exists in France, so it would be good if the Government at least looked at this. The cost of flying must be linked to the environmental cost. It is ridiculous that I can, at least on some journeys, fly 100 miles to a European city for less than it costs me to go by train from Bath to London. The Liberal Democrats would focus on those who fly the most to reduce the unfair burden on households who fly only once or twice a year. Plus, we would impose a new super-tax on private jet flights and remove VAT exemptions for private, first-class and business-class flights. To conclude, while we welcome today’s introduction of the SAF mandate on 1 January, I urge the Government to review the targets set from 2030 to 2040 and to be more ambitious than what they are proposing today, so that by 2040 a much higher percentage of aviation fuel comes from sustainable aircraft fuel than the 22% that is currently proposed.

• 9 Sept 2024 · Bus Franchising · Hansard source

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  We Liberal Democrats welcome today’s statement to give local authorities, not just metro Mayors, more powers and the potential to run their bus services. We Liberal Democrats have campaigned for exactly that for a very long time. The previous Conservative Government completely decimated local transport systems, but the rot set in a long time ago. Almost a quarter of bus routes have been cut in the past 10 years outside London. Whoever wants to apologise for that, we need to see some change. Bus services should be the most affordable and accessible of all forms of public transport. Good, well-used bus services would significantly contribute to getting to net zero and to improving our air quality. The previous Government, again, completely failed to make a positive case for that. Not only are public buses crucial in urban areas such as Bath, which suffers from more and more congestion, because people can continue to increase their use of motorised individual travel, and is also still struggling with cutting air pollution; bus services are also important specifically for rural areas. What we currently have is completely inadequate, so will the Minister set out how today’s announcement will improve rural bus services, not just in the long term, but in the short term?

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  Does the hon. Member not recognise that under the previous Government, the UK was falling badly behind on investment, when other countries— particularly the US—had transformed the investment that they were drawing in by making very big Government commitments to some projects, particularly nascent ones? Does he not recognise that that sort of Government support makes a big difference to business confidence?

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  I totally agree, and I am sure that the Government will agree too. A lot of these decisions are ultimately about value for money; as these tidal range technologies come on board, they can become cheaper. I hear the Government are saying that this is exactly the plan: that, where it is currently expensive, Great British Energy can come in and provide support. We understand and support that principle. This new Government must ensure that they have clear and consistent messages. Delays to the phase-out dates of fossil-fuel vehicles and boilers, as we saw under the last Government, have sent mixed signals to investors, businesses and consumers. We hope that GB Energy will go some way in providing confidence to other investment bodies and the wider industry that Britain’s green economy is open for business. We Liberal Democrats realise the importance of community buy-in. The new Government must put local voices at the centre of the journey to deliver net zero. We need to win hearts and minds to persuade people that net zero projects are good for their communities, for their pockets and for our future national economy.

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  We have already had some detailed discussions about what we are doing with communities that have to host vital infrastructure, and it is important that the Government assure local communities and the Liberal Democrats that this will happen. As the Bill progresses, we need to discuss how we can get legal assurances and whether the Bill is the right place for this. As I have said, we need to win hearts and minds to persuade people. Only with local consent can we successfully deliver the path to net zero, which is why we have called for communities living near large-scale infrastructure projects to receive community benefits—for example, through reducing energy costs and funding local initiatives. We are keen to work collaboratively to ensure that these benefits are in place in legislation. We Liberal Democrats welcome the inclusion of clause 3, which lists specifically all the objects of GB Energy. Although those aims all have their merits, the Government have failed to include anything on community energy. That is especially disappointing— [ Interruption. ] May I continue? I will lay this out as I understand it—I worked on the all-party parliamentary group for community energy, and I will get to my point. It is especially disappointing that the new Government have failed to include anything on community energy, given their welcome words in the House about how important it is to enable community energy—I hear it again and again. It is no longer about words; we now have a Bill before us in which we can make this happen. I will lay out what I think is necessary. Without the inclusion of community energy, the Bill will be a major missed opportunity. In the past, the now Secretary of State and his Ministers have been vocal champions of community energy. In a previous debate on making Britain a clean energy superpower, the Under-Secretary of State for Energy Security and Net Zero, the hon. Member for Rutherglen (Michael Shanks), stated: “One of the missions of GB Energy will be around the idea of community-owned power.” He has also advocated for local communities to have “some sense of ownership of the assets” —[ Official Report , 26 July 2024; Vol. 752, c. 942.] that they generate. Last year, the Secretary of State himself tabled two enabling amendments on community energy to the then Energy Bill; his new clause 53 specifically would have required large-scale energy suppliers to offer a special agreement to small-scale energy companies. He has spoken at length about Labour’s local power plan, much of which we are in agreement with, but where is the commitment to community energy in this Bill? The biggest issue we identify is that energy supply licensing conditions hinder small community energy projects from selling directly to consumers. In turn, this makes it difficult to retain advantages for local communities—discounts on their energy bills, for example, or raising new money to invest in new projects. The high burdens and costs currently involved in being a licensed energy supplier mean that not a single community energy project in all the UK can sell its power directly to local people. Locally sourced energy does not travel further across the nationwide grid, and therefore reduces that constraint on it, but the cost-benefits of selling locally produced energy to local consumers are not going to community projects and nor do they benefit the consumer. That must change. Regulatory changes are required; the Government must put them in place or stop talking about their support for community energy. Community energy schemes need to receive a guaranteed, discounted price for the clean electricity that they contribute to the energy system. If the costs of selling their power to local households and businesses were proportionate, many more community energy schemes would become financially viable and we would get many more than we have; I urge the Government to really look at our concerns and what we can include in the Bill to make these regulatory changes. Clause 3 is the ideal place to add community energy and ensure that it is one of Great British Energy’s objects. To conclude, we Liberal Democrats welcome the steps being taken to restore British investment in renewable energy after the mess left by the previous Government. These steps will help us to bring down energy bills, create high-quality jobs, increase our energy security and, of course, reach net zero. However, there is a clear gap in this Bill for community energy, despite Labour’s manifesto committing to it, and we urge the Government to listen to our concerns.

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  I congratulate the new hon. Member for Clwyd East (Becky Gittins) on a wonderful whistle-stop tour of her constituency, from wonderful dog walks to rowdy cows in fields and fascinating museums that testify to the history of her constituency. We lived in Liverpool for 10 years, many years ago, and we visited her constituency many times and had wonderful days there. I know how beautiful it is. Championing renewable energy is in our DNA as Liberal Democrats. Renewables are clean, cheap and popular. We welcome the fact that the new Government are turning around the damaging attitude taken by the Conservative Government and are attempting to make the UK once more a global leader in getting to net zero. We are absolutely on the side of the Government when it comes to the ambitious targets that are being set to get to net zero. We are pleased that through the Bill new steps are being taken to restore British investment in the green economy. The Bill must ensure that renewable energy and home insulation can be rolled out at speed so that we meet our climate targets, bring down energy bills and provide green, well-paid jobs in the future. The previous Conservative Government’s obsession with oil and gas left us in a mess. The dithering, delaying and even denying of the Tory Government held us back. I have often said that net zero is not like a bus that we can miss and say, “Whoops! We’ll get the next one.” This is a target that we cannot miss, and delaying is just as bad as denying that climate change is happening at all.

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  I am happy to give way; the right hon. Gentleman and I have had many discussions on this issue.

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  rose—

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  I am happy to respond to that, because I do believe that the UK was a global leader. There was cross-party agreement about net zero, but the last Government broke that agreement. That is our problem. Each year and each month matters when it comes to setting the pace to get to net zero. Instead of producing our own renewable energy, we were left reliant on fossil fuels—the energy of the past—and on dictators such as Vladimir Putin. In this unstable geopolitical environment, that was a death sentence and led to the catastrophe of the recent energy crisis. Families are once again worried about another dramatic energy bill increase—we say that honestly to this Government and want to work with them on this issue—this time of £140 on a typical family’s annual energy bill. Pensioners are also rightly concerned about the Government’s plan to cut the winter fuel allowance for millions of the poorest and most vulnerable people. I raised the matter in business questions earlier and said what is important to us. We of course recognise that through the pension increase next April there will be relief for pensioners, but this winter, when things have become really difficult for pensioners, the Government should not make cuts before we have seen the benefits. We have been making that point and hope to work constructively. It is a political choice and, in our view, it is the wrong one, but it is pretty rich of the Conservative party to complain. It is clear that if we are to hit our net zero targets, we must drive up investment in renewable energy. The Climate Change Committee’s 2024 progress report found that policy reversals and delays, together with inconsistent messaging, hindered progress just when acceleration was needed. Only around one third of the emission reductions required to meet the 2030 target are covered by our current plans. I challenged the shadow Secretary of State on what the Conservatives’ plans for decarbonising actually are, but we have had no answers. We must, for example, at least triple the operational capacity of offshore wind installations to meet our 2030 targets—and we Liberal Democrats absolutely believe in the 2030 targets. New first-in-class renewable energy technologies are coming on the scene thick and fast, and the Government must find better mechanisms for funding them than we currently have in place. One example, if I may bring it up, is DRIFT Energy, which is based in my Bath constituency. I hope the Secretary of State is listening. DRIFT uses sailing ships to travel to the deep sea to harvest deep ocean wind and generate green hydrogen. Interesting technology is coming on board, but these new technologies still face many investment problems. The green hydrogen is then delivered to ports around the world—they are essentially fishing ships for energy. Truly novel technology like this does not fit neatly under a Department, so it becomes exceptionally hard to win grants, let alone multimillion-pound grant support. It is important that we are aware of that.

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  I thank the right hon. Member for giving way—finally. She is criticising the Government for the rushed target of decarbonising the grid by 2030. Can she enlighten the House on when the Conservative party would do it?

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  The Secretary of State knows I share his passion and ambition to get to net zero. One big concern about GB Energy is that it will crowd out, rather than crowd in investment. Will he enlarge on how he intends to crowd in investment into green energy?

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  Will the right hon. Member give way?

• 5 Sept 2024 · Great British Energy Bill · Hansard source

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  As I progress with my speech, my hon. Friend will hear that our focus on local authorities, local decision making and local involvement is crucial. Let us ensure that our emerging technologies, which have the potential to be hugely valuable, are not overlooked or forced to seek support from abroad.