Commons Sense

House of Commons · Ministers' Questions

Investment in Green Industries

Tuesday 22 June 2021 · 2 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 2 Partly answered 0 Not answered 0

Key points

  • Prime Minister's 10-point plan includes 12 billion investment in green industries.
  • Budget 2021 builds on the 10-point plan to encourage private investment in green industries.
  • Government spent 1.5 billion since June 2020 to support low-income households for energy efficiency and clean heat installation.

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Questions & Answers

Q1 Jason McCartney Con
Economy Climate Business & Trade
Context

The question arises from a need to stimulate growth and job creation in environmentally sustainable sectors.

Question

What steps his Department is taking to encourage investment in green industries. The Prime Minister's 10-point plan for a green industrial revolution set out £12 billion of new investment in green industries and will crowd in three times as much private investment. Budget 2021 built on the 10-point plan by encouraging private investment, using the tax system and continuing with the direct Government support announced at the spending review.

Answer from Kemi Badenoch

The Prime Minister's 10-point plan for a green industrial revolution set out £12 billion of new investment in green industries and will crowd in three times as much private investment. Budget 2021 built on the 10-point plan by encouraging private investment, using the tax system and continuing with the direct Government support announced at the spending review.

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Q2 Jason McCartney Con
Energy Environment
Context

The question stems from a need to support financially disadvantaged individuals in adopting more sustainable heating solutions.

Question

Does the Minister agree with me that it makes sense to help, support and incentivise people on low incomes and pensioner households to convert to heat pumps and to insulate their homes? The Government have spent £1.5 billion on supporting low-income households to improve energy efficiency and install clean heat.

Answer from Kemi Badenoch

I entirely agree with my hon. Friend. Since June 2020, the Government have spent £1.5 billion on supporting low-income households to improve energy efficiency and install clean heat. A number of subsidy schemes for heat pumps are available and in development. The sector expects to install 67,000 heat pumps in 2021, which is up considerably from the 35,000 installed in 2019. At Budget 2020 we extended the renewable heat incentive, and announced the clean heat grant. That will provide grants for all homeowners towards the cost of heat pumps from 2022.

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