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Speech in Westminster Hall - Wed 22 May 2019
Pension Funds: Financial and Ethical Investments

"I saw what happened at the BP annual general meeting yesterday, and I welcome it, although a second motion, which was a bit stricter, did not carry. I would have liked that motion to carry.

That brings me to my argument. Not only is there a moral imperative for us …..."

Ed Davey - View Speech

View all Ed Davey (LD - Kingston and Surbiton) contributions to the debate on: Pension Funds: Financial and Ethical Investments

Speech in Westminster Hall - Wed 22 May 2019
Pension Funds: Financial and Ethical Investments

"I totally agree. Indeed, analysis by the Grantham Institute shows that if someone had not held fossil fuels in their portfolio for the last 50 years, their overall returns would not have been any different. The idea that we have to invest in fossil fuels to have a return was …..."
Ed Davey - View Speech

View all Ed Davey (LD - Kingston and Surbiton) contributions to the debate on: Pension Funds: Financial and Ethical Investments

Speech in Westminster Hall - Wed 22 May 2019
Pension Funds: Financial and Ethical Investments

"I am grateful to the Minister for his intervention. Those new ESG guidelines are helpful, but I am afraid I do not think they are quite up to the scale of the task we face. I will come to that in a second.

We have this carbon bubble; the question …..."

Ed Davey - View Speech

View all Ed Davey (LD - Kingston and Surbiton) contributions to the debate on: Pension Funds: Financial and Ethical Investments

Speech in Westminster Hall - Wed 22 May 2019
Pension Funds: Financial and Ethical Investments

"I am not trying to get rid of energy companies; I am trying to get them to switch. We have a couple of examples of big energy companies switching out of fossil fuels and into green technology. Some have done that around the world successfully. Unfortunately, most of the majors …..."
Ed Davey - View Speech

View all Ed Davey (LD - Kingston and Surbiton) contributions to the debate on: Pension Funds: Financial and Ethical Investments

Speech in Westminster Hall - Wed 22 May 2019
Pension Funds: Financial and Ethical Investments

"To clarify, I was focusing on ensuring that companies were compliant with the Paris treaty. That does not mean that they need to be zero carbon now—that would be impossible—but they need to be on a pathway that is Paris compliant, and that is the case for many companies already. …..."
Ed Davey - View Speech

View all Ed Davey (LD - Kingston and Surbiton) contributions to the debate on: Pension Funds: Financial and Ethical Investments

Speech in Westminster Hall - Wed 22 May 2019
Pension Funds: Financial and Ethical Investments

"I thank everyone who has contributed to this debate, which has been really good. There is some degree of consensus emerging. I agree with what the Minister said on carbon capture and storage. I was disappointed that the former Conservative Chancellor, George Osborne, got rid of the CCS projects that …..."
Ed Davey - View Speech

View all Ed Davey (LD - Kingston and Surbiton) contributions to the debate on: Pension Funds: Financial and Ethical Investments

Written Question
Support for Mortgage Interest
Thursday 19th April 2018

Asked by: Ed Davey (Liberal Democrat - Kingston and Surbiton)

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, how many households remain to be contacted with respect to the change in Support for Mortgage Interest.

Answered by Kit Malthouse

Departmental Management Information shows that as at 4 April 2018 all existing SMI claimants have been contacted about SMI loans. All claimants will be given at least 6 weeks from their loan offer date to consider their options and make a decision whether to take the offer of an SMI loan.


Written Question
Support for Mortgage Interest
Thursday 19th April 2018

Asked by: Ed Davey (Liberal Democrat - Kingston and Surbiton)

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, how many working-age households have been contacted with respect to the change in Support for Mortgage Interest.

Answered by Kit Malthouse

At 28 March 2018, around 52,500 working age households currently in receipt of SMI Benefit have been contacted about the introduction of SMI loans.


Written Question
Pensioners: Support for Mortgage Interest
Thursday 19th April 2018

Asked by: Ed Davey (Liberal Democrat - Kingston and Surbiton)

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, how many households in receipt of pension credit and support for mortgage interest have applied for the replacement loan when support for mortgage interest ends in April 2018.

Answered by Kit Malthouse

At 28 March 2018, around 4630 Pension Credit households have stated their intention to take up the offer of an SMI loan.


Speech in Westminster Hall - Thu 22 Feb 2018
Child Poverty: London

"The hon. Lady is making a powerful speech. Her point on housing is extremely well made. Does she share my concern that some of the regeneration of estates in London is reducing the amount of social housing and that the opportunity to improve and increase social housing is simply not …..."
Ed Davey - View Speech

View all Ed Davey (LD - Kingston and Surbiton) contributions to the debate on: Child Poverty: London