Strength of the Economy - 19th March 2024

Here are the climate-related sections of speeches by MPs during the Commons debate Strength of the Economy.

Full text: https://hansard.parliament.uk/Commons/2024-03-19/debates/4B5E67C3-446C-4705-8DC9-5CD86AE8520A/StrengthoftheEconomy

11:38 Clive Lewis (Labour)

According to the LSE’s Grantham Research Institute, the Government’s current programme for investment to mitigate the worst effects of climate change will still see climate change damage to the UK increase from 1.1% of GDP to 3.3% by 2050 and 7.4% by the end of the century. To put it into context, that is the United Kingdom’s entire social care budget of around £25 billion. The Climate Change Committee has said that the current approach to adaptation

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Jeremy Hunt (Conservative)

We listen very carefully to what the Climate Change Committee says, and we are absolutely committed to net zero. In fact, a Conservative Government passed the law requiring Governments to commit to net zero. The hon. Gentleman will know that we have just become the first major industrialised country to decarbonise by more than 50% since 1990. As well as the costs, we are also mindful of the economic opportunities, which is why we are investing billions of pounds in our clean energy transformation.

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