UK Parliament / Open data

Finance Bill

Proceeding contribution from Andrea Leadsom (Conservative) in the House of Commons on Wednesday, 1 July 2020. It occurred during Debate on bills on Finance Bill.

As a matter of fact, it is not the single biggest emissions sector in our country, but the Government have a number of plans and projects to look at how we can decarbonise home heating, which are very important and I will come on to specifically talk about target setting.

We are not just leading the world in science and innovation, but creating an ideal platform for millions of new jobs. In particular, it is well known that young people—more than 70% of them—would prefer a career in the green sector. Perhaps the greatest UK success story to date is our pioneering efforts in renewable energy. The UK accounts for more than a third of the world’s deployed offshore wind, and renewables have accounted for 37% of electricity to the network this year, with nuclear accounting for a further 18%. Furthermore, the speed of UK achievement has accelerated under successive Conservative Governments. When I was Energy Minister in 2015, we announced we would be taking coal off the grid entirely by 2025, and it is a real credit to our energy sector that we have achieved close to zero coal now, and it is only 2020.

5.15 pm

This is a key point. When Government set clear guidelines for business, along with sensible investments in infrastructure, businesses will always just get on with the job and they can often achieve much more than we

expected of them. It is entrepreneurs and risk takers who deliver the jobs and growth, so I urge the Chancellor, when he puts on his thinking cap to finalise his next stimulus package, to have two key priorities: first, green jobs and, secondly, clear deadlines that create investable opportunities.

Type
Proceeding contribution
Reference
678 cc405-6 
Session
2019-21
Chamber / Committee
House of Commons chamber
Legislation
Finance Bill 2019-21
Back to top