National Wealth Fund: Opportunities for Industry - 4th February 2025

Here are the climate-related sections of speeches by MPs during the Commons debate National Wealth Fund: Opportunities for Industry.

Full text: https://hansard.parliament.uk/Commons/2025-02-04/debates/120BDD35-84EC-4B95-BEBE-7B3A1BFCBE71/NationalWealthFundOpportunitiesforIndustry

Nick Timothy (Conservative)

The Government policy to decarbonise the grid by 2030 rests on the National Energy System Operator’s assumption of a £147 per tonne carbon price, but manufacturers are lining up to tell the Energy Secretary that it would destroy British industry. Will he guarantee today that for the remainder of this Parliament, we will have a lower carbon price than Europe?

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