Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Caroline Lucas Excerpts
Wednesday 2nd March 2022

(2 years, 1 month ago)

Commons Chamber
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Alok Sharma Portrait Alok Sharma
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There is clear recognition within the private sector that net zero is the right approach. It is obviously what customers and clients want, but it is also good for the bottom line. My hon. Friend the Member for Kensington (Felicity Buchan) referred to $130 trillion of assets being committed to net zero, and we need to ensure that those commitments are in line with the science. That is one of the things that the UN Secretary-General is looking to do through his expert group.

Caroline Lucas Portrait Caroline Lucas (Brighton, Pavilion) (Green)
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The Glasgow climate pact and, indeed, the COP26 priorities contain a commitment to keep 1.5° alive, yet the UN Environment Programme production gap report warns that Governments plan to produce more than twice the amount of fossil fuels in 2030 than is consistent with 1.5°. Real climate leaders do not license new oil, gas or coal and no amount of climate checkpoints will change the climate reality. Will his Government scrap their checkpoint as inconsistent with climate leadership and rule out new fossil fuel licences once and for all?

Alok Sharma Portrait Alok Sharma
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We put forward a plan for how we wanted to ensure that our climate compatibility checkpoint was consistent with our legally binding commitment to net zero by 2050. That consultation closed on Monday. I hope that the hon. Lady responded to it and I know that the Department for Business, Energy and Industrial Strategy will come forward with its views on the checkpoint in due course.