UK Parliament / Open data

Subsidy Control Bill

Can I ask the Minister about her remarks about the OEP’s remit? I think that she said that it would cover whether the Government are meeting their climate change requirements. However, the OEP’s remit does not cover whether the subsidy control regime is working towards our net-zero targets. What the amendments are trying to say—as we tried to include in the Financial Services Act and the pensions Act, successfully—is that a more granular approach will be needed, which has to be provided by the regulatory authorities within the sectors concerned because, otherwise, we really will not know whether

each sector is working towards the net-zero targets that we are all trying to achieve in the timespan that we have.

Type
Proceeding contribution
Reference
818 c428GC 
Session
2021-22
Chamber / Committee
House of Lords Grand Committee
Subjects
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