The Chancellor of the Duchy of Lancaster (Lord Strathclyde)
There must be room for both noble Lords to speak. Why do we not have first my noble friend Lord Lawson and then the noble Lord, Lord Howarth?
Lord Lawson of Blaby
I am grateful to the Leader of the House. Is my noble friend aware that only a couple of days ago, Mr Bob Wigley, the chairman of the previous Government’s Green Investment Bank Commission, stated that meeting the requirements of the absurd Climate Change Act will cost the United Kingdom £50 billion a year, every year, for the next 40 years. How—above all in this age of austerity—can this possibly be justified?