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1,475 recent contributions in Hansard
HANSARDGreat British Energy BillMy Lords, that was an interesting debate, led by the noble Lord, Lord Frost, proposing an addition to Clause 1 which would set Great British Energy’s objectives as “reducing…03 Dec 2024HANSARDGreat British Energy BillI very much take that point. Clearly, my department is cognisant of costs. Much of our discussion with His Majesty’s Treasury on the resources made available obviously takes in…03 Dec 2024HANSARDGreat British Energy BillMy Lords, it was more than two. I can quote Prime Minister May, and I acknowledge her leadership in this country being the first to enshrine the 2050 net-zero carbon target. Prime…03 Dec 2024HANSARDGreat British Energy BillI really do not read Clause 3 in that way. Subsection (2) says: “The statement must provide that Great British Energy’s objects are restricted to facilitating, encouraging and…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I thank all noble Lords who have taken part in this debate. I agree with the noble Lord, Lord Vaux, and the noble Baroness, Lady Noakes, in relation to Clause 3. It does…03 Dec 2024HANSARDGreat British Energy BillI am not sure which “noble friend” that was aimed at, but I will have a go if the noble Lord likes. I was at the department when we started talking about Hinkley many years ago.…03 Dec 2024HANSARDGreat British Energy BillMy Lords, it is always helpful to have that kind of clarification, because I certainly was not intending to mislead the Committee in any way. From what I see in Clause 3, I am…03 Dec 2024HANSARDGreat British Energy BillMy Lords, we think Clause 2 is very important. It ensures that Great British Energy will serve the public as an independent company and operate in the same way as other UK…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I really cannot disagree with anything noble Lords have said in this debate, although I do not believe we need an amendment. I utterly agree that nuclear power is…03 Dec 2024HANSARDGreat British Energy BillMy Lords, this was a very interesting group. It clearly refers to a range of technologies in which Great British Energy could invest. I should start by saying that we intend GBE…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I thank the noble Lord, Lord Alton, for his expert introduction to the amendment. I also thank the noble Earl, Lord Russell, for his wise comments. I say to the noble…03 Dec 2024HANSARDGreat British Energy BillThe noble Lord is referring to a power of direction. We are coming on to relevant amendments later in the Bill, but let me make it clear that this power is often contained in…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I cannot give the noble Lord chapter and verse today but will certainly write to him with what we can say in public.03 Dec 2024HANSARDGreat British Energy BillMy Lords, one of the joys of debating energy is that, on every occasion, we come back to the substance of the whole argument about energy and where we are going. I am grateful to…03 Dec 2024HANSARDGreat British Energy BillMy Lords, I am not aware of any intention. I will certainly write to him if I have got that wrong but I am not aware of any intention to do it. The whole issue of home insulation…03 Dec 2024HANSARDGreat British Energy BillYes, I want to be absolutely clear: nuclear clearly falls within the definition of clean power, so it would be within the competence of Great British Energy to invest and do the…03 Dec 2024HANSARDGreat British Energy BillMy Lords, we have started our proceedings in Committee with a very interesting discussion about the relationship between Great British Energy and the National Wealth Fund. I…03 Dec 2024HANSARDGreat British Energy BillIf I may come back on that, the noble Lord may have seen that the energy Select Committee had a hearing at which the chair of Great British Energy and then the chair of Great…03 Dec 2024HANSARDGreat British Nuclear: Modular ReactorsMy Lords, the noble Lord will know that we have already agreed internationally to go for a 2030 cut-off. I have had correspondence from the noble Lord and I know that others would…02 Dec 2024HANSARDGreat British Nuclear: Modular ReactorsMy Lords, I understand the point the noble Lord is raising. My department is exercised by the advantage that could be brought. We are in discussions with the Welsh Assembly…02 Dec 2024