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Written question asked by Lord Taylor of Warwick (Non-affiliated) on Wednesday, 7 February 2024, in the House of Lords. It was due for an answer on Wednesday, 21 February 2024. It was answered by Lord Callanan (Conservative) on Friday, 16 February 2024 on behalf of the Department for Energy Security and Net Zero.

Environment Protection: Climate Change

Question

To ask His Majesty's Government what steps they are taking (1) to ensure that climate policies remain effective in driving emission reductions, and (2) to promote investment into renewable energy.

Answer

The UK has halved its emissions, ahead of every other major economy. The transitions set out in the Net Zero Strategy for every sector of the UK economy keep it on track for Carbon Budgets 4, 5 and 6, the 2030 Nationally Determined Contribution, and net zero by 2050.

The Government has consistently seized the opportunity to attract investment in renewables, with around £120 billion of new investment since 2010 alongside around £80 billion of UK levy funded support. For example, it continues to support new renewable deployment through the Contracts for Difference Scheme, which now runs on an annual basis.

Secondary information

Type
Written question
Reference
HL2310
Session
2023-24
Subjects
Climate change Environment protection Investment Renewable energy Carbon emissions
Link
View this Written question on www.parliament.uk