Contributions
4,729 recent contributions in Hansard
HANSARDEnergy White PaperWe are always willing to work with innovative British companies. I agree with the noble Viscount’s points about hydrogen and advanced nuclear technologies, which we are providing…28 Sept 2020HANSARDEnergy White PaperThe noble Lord makes an important point about the distribution and alterations of the grid that will be required, but I am afraid that I must ask him to curb his impatience and…28 Sept 2020HANSARDEnergy White PaperIn December 2018, the Government launched a new siting progress to identify a suitable location in which to construct a geological disposal facility. This is of course a…28 Sept 2020HANSARDEnergy White PaperI agree with my noble friend; I know that he speaks with great authority on this subject as a former Energy Minister. The White Paper will consider the overall energy system,…28 Sept 2020HANSARDEnergy White PaperI was wondering how the noble Lord would get warships into this Question, but he has of course managed it. The White Paper will set out the proposals for the use of hydrogen and…28 Sept 2020HANSARDOil and Gas IndustryAs we have said, oil and gas have a key role to play in the transition and that is reflected by the independent Committee on Climate Change. Many of these things are, of course, a…22 Sept 2020HANSARDOil and Gas IndustryThe noble Lord is right. Carbon capture and storage will be a key part of our future energy requirements. The Chancellor announced the new carbon capture and storage…22 Sept 2020HANSARDOil and Gas IndustryMy noble friend makes a good point, as always. The White Paper will indeed address the characteristics of the electricity system as we prepare for a net-zero future, balancing the…22 Sept 2020HANSARDOil and Gas IndustryI do not accept that we are sleepwalking into a crisis. We are devoting huge expertise and energy to planning for the transition. Renewables and nuclear have an important role to…22 Sept 2020HANSARDOil and Gas IndustryI thank the noble Baroness; I admire her commitment to these causes. In essence, we agree, albeit probably not on the scale she requires. The UK was the first major world economy…22 Sept 2020HANSARDOil and Gas IndustryWe are currently awaiting proposals from the industry and we are committed to working closely with it; it has a key role to play. We will, of course, be consistent with our…22 Sept 2020HANSARDOil and Gas IndustryMy Lords, I recognise the impact that the coronavirus pandemic and the lower oil price have had on the oil and gas supply chain. We are working closely with the sector to agree a…22 Sept 2020HANSARDOil and Gas IndustryThe noble Lord is consistent in advocating for the hydrogen sector, and it is true that the oil and gas sector has an important contribution to make to the UK’s energy transition.…22 Sept 2020HANSARDOil and Gas IndustryI agree with the points made by the noble Lord. I congratulate the sector on its response to the twin crises of the pandemic and the lower oil price. The Government launched an…22 Sept 2020HANSARDOil and Gas IndustryMy noble friend is right that interconnectors have a key role to play. There are a number of existing electricity and gas interconnectors, which will play a key role in the…22 Sept 2020HANSARDOil and Gas IndustryMy noble friend makes a very good point. It will be key to the sector deal to make sure that we can utilise the tremendous expertise across the oil and gas sector both for our own…22 Sept 2020HANSARDRetail Businesses: Financial SupportI thank the noble Lord for his support for our £500 payments. I hope that that will be sufficient at the moment but, as with all these schemes, we will keep it under review.21 Sept 2020HANSARDRetail Businesses: Financial SupportI would hope that, through the changes we have announced, the vast majority of small businesses are able to access the finance they need, but of course, we keep these matters…21 Sept 2020HANSARDRetail Businesses: Financial SupportInsurance cover is a matter of commercial contracts between providers and the insured; it would not be right for us to interfere in a contract that was lawfully made. My noble…21 Sept 2020HANSARDRetail Businesses: Financial SupportThe noble Lord will be aware that, by 16 August, the Future Fund to help businesses had supported 590 investments with a total of £588 million.21 Sept 2020