Lord Krebs (CB)

My Lords, I thank the noble Viscount, Lord Trenchard, for bringing forward this amendment and all noble Lords who have taken part in this very short debate. I will not speak at length, because I can make my point very briefly. At Second Reading, I pointed out that there are two classic objections to the proposals in my Bill: on the one hand, they are unnecessary; on the other, they are too burdensome. Both cannot be true at the same time. Yet it seemed to me that in the debate we have just had, the point was made that the nuclear industry, of which I am in full support, is very tightly regulated, therefore, this additional layer of regulation is unnecessary. On the other hand, we heard that this additional layer of regulation would be too burdensome and impose duties on the nuclear industry that would discourage investment. Both simply cannot be true. If it is doing it anyway, it cannot be burdensome; if it is not doing it anyway, maybe it needs a bit of extra burden. In truth, when we look at what the Government’s website says about GBE-N, we see that it says that it will deliver the Government’s long-term nuclear energy programme and support the UK’s energy security and contribute to our net-zero targets—so tick the box, job done. It is already contributing to net zero. One of the other tasks that GBE-N will have, alongside the competition to build up to three SMRs, is, along with Rolls-Royce, to choose the sites where the SMRs are to be built. Those choices will have environmental implications. It seems to me perfectly reasonable, when those choices are made, that they should reflect the targets in the Environment Act. If they were clearly going to be detrimental to the target of reversing the decline in species diversity by 2030, it would be reasonable for GBE-N and Rolls-Royce to be asked to think again. So, although I have heard an argument for removing GBE-N from the list of public authorities, I am not convinced by it—although I will take it away and think about it further. In the meantime, I very much hope that the noble Viscount, Lord Trenchard, will withdraw his amendment.