Topical Questions - 18th July 2013

Here are the climate-related sections of speeches by MPs during the Commons debate Topical Questions.

Full text: https://hansard.parliament.uk/Commons/2013-07-18/debates/13071867000035/TopicalQuestions

10:28 Vince Cable

The Government have every reason to be proud of the catapult programme, which is now expanding quite rapidly. We are thereby able, through the Technology Strategy Board, to concentrate research excellence in particular locations. Some, such as those for renewable energy and advanced manufacturing, are now at an advanced stage of development, and I am delighted to hear that my hon. Friend is pleased with the location of the automotive centre.

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10:31 Mark Lazarowicz (Edinburgh North and Leith) (Lab/Co-op)

This morning the Globe group of parliamentarians held a seminar highlighting the risk of financial instability as a result of the overvaluation of fossil fuel reserves internationally and nationally without taking account of international climate change commitments. Will the Government contact regulators to ensure that they take into account the risks of instability and ensure that we do not see the bursting of a carbon bubble in the way we saw dotcom bubbles burst and other collapses in the markets?

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