State of Climate and Nature

Debate between Bernard Jenkin and Ed Miliband
Monday 14th July 2025

(1 month ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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Following the successful roll-out to schools and hospitals, we have had a lot of requests to expand the scheme and I am very enthusiastic about doing so. It is something we are looking at.

Bernard Jenkin Portrait Sir Bernard Jenkin (Harwich and North Essex) (Con)
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I am as passionate as the Secretary of State about achieving net zero across the world and about the decline in species in our natural environment, but that cannot be the only thing we worry about. I do not know whether he has had time to read the “Fiscal risks and sustainability” report produced last week, but it shows that the cost to the public Exchequer of achieving net zero will be 21% of GDP. We know that an argument is going on inside the Government and inside the Labour party about this very issue. This is a question of balancing the risks, because if the Government run out of money because they are overspending, there will not be any money to spend on reversing climate change.

Ed Miliband Portrait Ed Miliband
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I have read the report, and the bit that the hon. Gentleman did not mention is where it says that if we end up in a 3°C world, we will add 56% of GDP to net debt. That is the cost of inaction. This is the point. Nick Stern—Lord Stern—produced a report in the 2000s which said that the costs of inaction were greater than the costs of action. This Office for Budget Responsibility fiscal risks report sets out very clearly that we will lose 8% of our GDP by 2070 if we do not act. Of course there is a cost to acting, and the report sets out different scenarios for public and private investment, but the evidence in that report could not be clearer about the costs of inaction, and they are far greater than the costs of action.

Great British Energy Bill

Debate between Bernard Jenkin and Ed Miliband
2nd reading
Thursday 5th September 2024

(11 months, 1 week ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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I am going to make a bit more progress.

Thirdly, Great British Energy will work with industry to develop supply chains across the UK to boost energy independence and create good jobs. The reality is that the last Government spectacularly underdelivered on the promise of creating jobs in clean energy. It is true that British waters are home to one of the largest floating offshore wind farms in the world: Kincardine, just 15 km off the coast of Aberdeen—[Interruption.] The right hon. Member for East Surrey (Claire Coutinho) nods, but where was it made? Its foundations were made in Spain and its turbines were installed in the Netherlands, and it was then simply towed into British waters. How can that be right?

This Government are not neutral about where things are made. We want the future made in Britain. Clean energy is the economic and industrial opportunity of the 21st century, and the truth is that other countries are seizing this opportunity. Britain is being left behind. The facts are extraordinary: Germany has almost twice as many renewable jobs per capita as Britain; Sweden almost three times as many; and Denmark almost four times as many. That is the previous Government’s legacy.

What our friends and neighbours have realised is that a domestic national champion is a crucial tool to help deliver economic success. The success of the Danes, for example, cannot be divorced from the role of Ørsted in helping to make it happen. That is why Great British Energy will work alongside our national wealth fund and the British jobs bonus, partnering with industry, to build supply chains in every corner of the UK, delivering the next generation of good jobs, with strong trade unions, and reindustrialising Britain.

Bernard Jenkin Portrait Sir Bernard Jenkin (Harwich and North Essex) (Con)
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I congratulate the Secretary of State on his appointment. May I draw attention to the letter he wrote to Fintan Slye, the chair of National Grid ESO, in August, and the response he has given in his open letter to the industry, alongside a question about the cancellation of the offshore co-ordination support scheme, which was coming up with viable alternatives for better delivery of the Norwich to Tilbury project? Mr Slye says that the plan the ESO will develop will be

“a whole systems spatial view of what is required to deliver a clean, secure, operable electricity system by 2030.”

Does that include all the work that ESO has already done in its review of the Norwich to Tilbury project, which includes many viable options that could speed up the process and make it more viable for the long term?