(2 years, 1 month ago)
Lords ChamberWe were one of the first countries to sign up to the methane pledge. Now over 110 countries have signed up to it, including 15 of the major emitters. We continue to explore policies to reduce methane and all greenhouse gas emissions as we strive to reach net zero.
My Lords, what assessment have the Government made of the effect of all the bombing in Ukraine on the COP 26 agreement and our net-zero aim?
My noble friend makes a powerful point—clearly, it will have a detrimental effect. We need to work with Ukraine to help it in the future to rebuild its nation and make sure that Putin does not succeed in his aim.
(2 years, 11 months ago)
Lords ChamberI do not recognise the figures given by the noble Baroness. It will be an expensive change, but I do not think that it will cost that much per home. However, she is right in theory. We need to educate people about the changes required and to take them with us, and of course the policy will be brought about by a mix of regulations and grant assistance.
My Lords, given the Government’s admirable net-zero target for carbon emissions by 2050, will that include all transport becoming electric? We will have silent motorcars and buses, but will there also be legislation to make motorcycles electric?
These are matters to be decided in the future, but we will not be able to power all transport by electric means. Certainly, some will be, but heavy articulated lorries, trains and so on mean that we will have to look at other solutions such as hydrogen.
(3 years, 5 months ago)
Lords ChamberMy Lords, I too pay tribute to Lord Sacks—a huge loss.
In moving Amendment 169A, I will also speak to Amendments 169B and 169C in my name. Should the UK Parliament have exclusive ability to legislate for a subsidy control regime once the United Kingdom ceases to follow EU state aid rules, without including the possibilities of hidden subsidies, for example through research and development? In these circumstances, I am not arguing at this late hour about whether the Prime Minister will achieve a deal, as the case may be, or whether we will have to abide by WTO rules. Either way, I ask your Lordships that research and development subsidies, hidden or not, be included in the Bill to provide much needed safeguards.
I made my maiden speech in the European Parliament on this subject in 1989, stressing the danger of allowing covert research and development subsidies to creep into state aid legislation before 1992, so that it did not come to stand for
“not the birth but the death of free competition.”
This was the possible abuse of state aid and member states feather-bedding their own industries.
I certainly did not intend to imply that at all and I apologise if the noble Lord got that impression. I was talking about the existing block grants that the devolved Administrations have. It is their existing spending power—the money that they spend at the moment. They will continue to make decisions about their devolved spending on subsidies, as they do at the moment—how much, to whom and for what—within any future UK-wide subsidy control regime if, following consultation, the Government and Parliament decide that we want to legislate in this space. I hope that I have resolved the noble Lord’s question; if not, I will certainly write to him.
My Lords, I thank the Minister for his courteous and careful reply, and I thank all noble Lords who have spoken to these amendments, for and against. I am sorry that at this late hour several of your Lordships have, understandably, withdrawn.
I am most grateful to the noble and learned Lord, Lord Thomas. I take his point on the devolved matters and thank him for his very interesting contribution. I thank the noble Baroness, Lady Finlay, for her probing remarks, as always, and my noble friend Lord Trenchard, who fully understood what I am trying to do. I am most grateful to him for his kind words. I thank the noble Lord, Lord Fox, for his support. The noble Lord, Lord Stevenson, always makes good points and always asks even better questions.
My noble friend the Minister said that state aid was a reserved matter but we can design our own. I was not quite clear about that. I was even less clear on his explanation of why R&D should not be included; I feel that it is too important not to be included.
To conclude, these modest amendments are hardly revolutionary and are purely intended to help the Government in any future contracts so that we are less likely to lose out; it is a shame that the Government are not able to accept them. I hope that there may be some other way. I may return to the subject of research and development on Report. Having said that, for the time being, I beg leave to withdraw my amendment.
(3 years, 9 months ago)
Lords ChamberMy Lords, let me make it quite clear that money obtained through criminality or corruption is not welcome in the UK. We have long recognised the corrosive risk of dirty money, including from Russia, being laundered in the UK. We continue to bring the full capabilities of law enforcement to bear against serious criminals, corrupt elites and their assets.
My Lords, it is encouraging that HMG hold that
“trade and investment can be a lever for stabilising relations”
and
“increasing UK prosperity”.
What trade arrangements and investments are being planned and developed with Russia for after 2020? The Prime Minister said that he did not want to become a Sinophobe; does that mean nor a Russophobe either?
My Lords, the Department for International Trade team at our embassy in Moscow is working with a pipeline of over 90 Russian companies that have expressed an interest in the UK. This work is taking place this year and will continue in the following year, notwithstanding external factors.