M

Member

Speaking in the House of Lords on 22 October 2024

Debate

Crown Estate Bill [HL]

Contribution

There are practical solutions and firms are investing in systems around the globe, with good results in Norway, Florida, Wisconsin and even in Grimsby, I am told. This is the model for the future. The Crown Estate charges a trivial amount for the licences it grants and it is paid on the basis of output and turnover, which to my mind is a false incentive. It is an incentive to do the wrong thing in the fish farms because of the consequences of overstocking the nets.

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