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Lord Lilley (Con)

Speaking in the House of Lords on 3 December 2025

Debate

COP 30

Contribution

If the noble Lord, Lord Rees, my noble friend Lord Deben and the Secretary of State are right that the cost of renewables is on a declining curve and already cheaper than fossil fuel alternatives, that will be a wonderful thing, but can the Minister explain why, if they are cheaper, we need to guarantee for 20 years a price in real terms for renewables backed up by subsidies in the shape of state-financed back-up power for when renewables are not producing and therefore cannot compete with fossil fuels?

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