The UK’s system of carbon budgets provides the long-term certainty that businesses need to invest in our low-carbon economy. The Government announced last month that we would accept the advice of the Committee on Climate Change on the level of the fifth carbon budget. That announcement has been widely welcomed by the business community.
As my hon. Friend would expect, we are already busy working on that plan with other Departments, businesses, consumers and civil society. For example, we are already in discussion with the CBI, the Aldersgate Group and Energy UK among others to arrange specific stakeholder events, ensuring that our emissions reduction plan is built from the ground up, with input from a range of stakeholders.
Westinghouse nuclear fuels is the second largest employer in Fylde and produces nuclear fuel for 15% of the UK’s electricity production. What assurances can the Minister give that this Government will continue to support the UK’s domestic nuclear fuel industry and take us to a low-carbon future?
Nuclear power is a vital part of our work to build a secure, affordable and clean energy system to keep the lights on in the decades ahead. The Westinghouse facility in my hon. Friend’s constituency has a crucial role to play, providing the fuel that powers our nuclear fleet, as well as employment to many in his constituency.