Oral Answers to Questions Debate
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Mary Creagh
Main Page: Mary Creagh (Labour - Wakefield)Department Debates - View all Mary Creagh's debates with the Department for Business, Energy and Industrial Strategy
Oral Answers to Questions
Mary Creagh Excerpts(5 years, 9 months ago)
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Mary Creagh (Wakefield) (Lab)
Britain needs about £22 billion a year of investment in clean energy to meet our legally binding EU renewables targets, but my Committee heard that, according to Bloomberg New Energy Finance, investment has collapsed over the past two years. Given that the Brexit White Paper says that the Government believe that there is no need for a common rulebook on environmental or climate change rules, what confidence can investors in offshore or onshore wind have that the Government will support low-carbon energy if we leave?
Greg Clark
We are very clear in our support for that in the clean growth strategy and, as the hon. Lady can see, in the level of investment that is being made right across the country. It was very clear in the White Paper that followed the Chequers meeting that we had made a commitment to the highest of environmental standards.