State of Climate and Nature

Lord Hunt of Kings Heath Excerpts

Monday 21st July 2025 Lords Chamber

[Lord Hunt of Kings Heath (Lab)]

My Lords, I refer back to the point raised by the noble Earl, Lord Russell, when he referred to growth in the green economy. This refers back to a CBI report published in February, which showed that the green economy was growing by about 10%. Does the Minister share my surprise at the antagonism of the noble Lord, Lord Offord, towards these policies, given that not only is the green economy a remarkable record of success over the last few years but that in Scotland it contributes £9.1 billion to the Scottish economy and supports 100,700 jobs? The CBI report shows that much of this huge investment in the green economy is happening not just in London and the south-east but in places such as the West Midlands and Scotland.

[Baroness Hayman of Ullock (Lab)]

My noble friend is absolutely right. It is why Great British Energy has been set up in Aberdeen, for example; it is to look at the areas that need the finance. I know that other areas, in the Midlands and the north-west, that have suffered in the past for lack of investment are now going to have huge opportunities through green finance and green infrastructure being built.

He is absolutely right. It was a little disappointing, to be honest, to hear the Opposition’s response. I remember at one time when the Conservatives were talking about being the greenest Government ever.