Electricity: Decarbonisation

Lord Bassam of Brighton Excerpts
Wednesday 21st December 2022

(1 year, 4 months ago)

Lords Chamber
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Lord Bassam of Brighton Portrait Lord Bassam of Brighton (Lab)
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My Lords, just to bring us back to the core issue, in its progress report in June the Climate Change Committee highlighted several risks that remain in meeting the emissions reductions required by 2035—particularly highlighting how supply-side focused the Government’s energy security strategy was. The Minister said earlier that plans would be brought forward in due course, but can he tell us when the Government will finally deliver the energy efficiency improvements necessary to reduce demand for fossil fuels to achieve net zero and to cut the energy bills that consumers are currently struggling with?

Lord Callanan Portrait Lord Callanan (Con)
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The noble Lord is right—energy efficiency is extremely important, which is why we are spending £6.6 billion this Parliament on various energy efficiency strategies. The Chancellor in his Budget announced another £6 billion from 2025 for energy efficiency projects. We have an ambitious target; a new task force is being set up to deliver a 15% reduction by 2030.