Pippa Heylings

The answer to that is in two ways. First, we must take gas out of the system as much as possible. Secondly, we must fix a broken electricity market. The way we charge customers and businesses right now is broken, and we need to change that. I do not believe in what happened under a previous Government, when George Osborne as Chancellor reduced taxation on oil and gas companies three times. By the end of that we had negative receipts to the Treasury, because we were also looking at decommissioning exemptions. Until some of the windfall tax profits came in, negative receipts were coming into the Treasury at that point. If we talk about the economy, let us talk about the transition. As we have already heard, research from the CBI and the Energy and Climate Intelligence Unit shows that the green economy is already contributing more than £100 billion and over 1 million new jobs. Clean power and decarbonisation are about growing our economy, creating those jobs, lowering energy bills and strengthening our energy security. Although we welcome the carbon budget, setting targets is the easy part; delivering them is what counts. That is why we look forward to the Government’s delivery plan and seeing the steps that will be taken, because we worry that there is a risk they will fall short. The carbon budget will take much more than decarbonising our power supply and cannot be delivered in a centrist way from Whitehall alone. We Liberal Democrats want to see more action and ambition from this Government, not a focus on energy alone. Emissions reductions will be experienced in people’s lives, and not just environmentally but economically, through changes in how homes are heated, how people travel and how energy is used. Local authorities, communities, farmers and businesses will be required to be partners in delivering change. We will have to double our efforts to restore nature, which is one of our most powerful tools for tackling climate change, by more generously supporting our farmers to accelerate tree planting and peatland restoration. But please, we should not treat nature protections as a blocker to economic growth. I ask the Government to get rid of the lazy, reckless rhetoric that divides climate and nature, rather than seeing them as indivisible necessities. We will also have to increase powers and funding for local authorities and communities to implement credible local climate and nature delivery plans.