Climate Change Policy DebateFull Debate: Read Full Debate
Ed DaveyMain Page: Ed Davey (Liberal Democrat) - Kingston and Surbiton)
I pay tribute to my hon. Friend’s work on this topic, of which she is something of an expert. She had a very successful soil summit just before the recess. We have realised that some of the most cost-effective ways of sequestering carbon, such as soil improvement, changes in land use management and forestation, are also those that are best for the natural environment. I think we have all collectively realised how we need to continue to invest in these important areas.
I would slightly challenge the right hon. Gentleman on the point about investment. He will know that investment can be quite lumpy—it depends on when you are having an auction round—and we are buying far more with less, because the price of renewables has fallen so much. We are paying far less per unit of renewable energy. I was very struck, when we launched the offshore wind sector deal, with how turning out that market provides investment certainty. There is a real lesson to be learnt there for other technologies. I do not accept the point that without the UK at the table we will no longer be able to push the EU and other countries. We will continue to have a loud voice in this area and continue to lead from the front.