In its countermotion the Government mentions that tit is close to meeting the first carbon budget, according to EPA projections. There are several issues raised, including that any emissions that exceed this budget have to be deducted from the second budget. There is also the fact that, as others have mentioned, the five-year budget will not be anywhere near being reached. It will be exceeded in all major sectors, tracking well above the legal limits by 2030 targets. It will be at just half of the required 51% national reduction target going past 2030. This is absolutely inadequate. We are the laggards of Europe. We are trying to push data centres. We will have huge revenue potential down the line from data centres. We are an ideal location but only if we have surplus capacity. As I have said in multiple debates, we are not investing in getting the offshore wind we already have up and running, we are not investing in tidal energy, and we are not investing in solar energy or wave technology as countries such as Denmark are. We could be leaders. We could have the deep-sea ports preplanned. We could be exporting twice our own requirements and have all of this extra spare capacity, through converted hydrogen and battery storage, to operate the data centres and make good revenue to pay for a good social system and a good education system in this country. We have to put the medium-term investment in now. We have to put our surplus into a short-term, what I would call wartime, effort. We have to ramp up massively over the next ten years. It will cost us money and we may even have to borrow money but the returns would be infinitesimal and we have to do it. Otherwise we will not meet our climate change targets and we will put our people in jeopardy.
Sentiment score: 0.08