That was the exact point of the Public Transport (Rural Areas) Bill: to make sure there is a service level agreement so people can travel where they need to go, particularly for education and work. The economic benefits public transport brings can be huge. Research from the Confederation of Passenger Transport measured the economic benefits buses bring, finding that every £1 that Government spend on better services and bus priority schemes can secure economic benefits of up to £4.55.
We must recognise that in rural areas alternative forms of bus routes can play a major role in ensuring that type of access remains. The Liberal Democrats made a commitment in our manifesto to supporting and encouraging alternative services such as on-demand buses. Those types of buses have already been rolled out across certain areas of my constituency to great success.
For instance, the Slinky service is a door-to-door demand-responsive transport service funded by the council. It operates in the Langport and Somerton area and the council is currently trialling a digital offering, aiming to make the service easier to access. The Liberal Democrats have also committed to keeping bus routes affordable by retaining the £2 fare cap while fares are reviewed. I invite the Minister to comment on whether an announcement will be made on the future of the bus fare cap post-31 December.
The Liberal Democrats recognise the need to support local authorities and bus companies to switch their offering to zero emission buses. Buses have a key role to play in tackling climate change and meeting our decarbonisation targets. Research commissioned by the Confederation of Passenger Transport found that if we all took the bus instead of the car just twice a month, we would create a reduction of 15.8 million tonnes of CO2 by 2050.
Britain is at the forefront of the green bus transition in Europe, and bus services are outpacing other road vehicles such as cars, vans and trucks in decarbonising. However, take-up varies between regions and is more challenging for smaller and rural bus operators, which may struggle with the cost of financing new vehicles and the necessary infrastructure. The UK’s 2050 carbon reduction commitment relies on a transition to zero emission vehicles but also a modal shift to public transport, and we must ensure that rural areas are included in that. With assistance from the Government, we welcomed a new fleet of 25 electric buses to our roads in Somerset earlier this year. They are much needed, and we must ensure that the transition continues and rural areas are not forgotten.