Sir Stephen Timms MP: Climate-Related Speeches In Parliament

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Stephen Timms's Speeches In Parliament Related to Climate

We've found 9 Parliamentary debates in which Stephen Timms has spoken about climate-related matters.

Here are the relevant sections of their speeches.

• 19 Apr 2023: Asbestos in Workplaces

  17:46

  We know that we will have to do a lot of work to our buildings to deliver net zero in the next few decades, and that means two things. First, asbestos left in place will not be left alone for long; it will be disturbed. That potentially creates a big problem, but it also creates an opportunity, because we can remove asbestos at the same time as making the net zero changes that will have to be made, and so achieve removal relatively cost-effectively. That is what we should be doing.

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• 7 Dec 2022: Financial Services and Markets Bill

  15:45

  Of course, we cannot ignore Ukraine, climate change or the breakdown of supply chains with regard to covid, but another severe factor that is influencing this is commodity market volatility. Speculation is creating price rises, and this is making fortunes for individual speculators, but I have to say that the banks themselves are also making a killing at the moment.

  We hear warm words coming from the executive suites of our major financial institutions all the time about their commitment to sustainability, to net zero and to being responsible citizens. Sometimes they do it, sometimes they do not. There might be the will in head office, but sometimes a local branch does not deliver. New clause 24 would make it a clear duty on those institutions to do due diligence to make sure they know where products are coming from and so they know where investments are being made. This country has been a leader, and new clause 24 would be one further step in dealing with the blight of deforestation, which affects everyone’s future.

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• 28 Oct 2021: Income Tax (Charge)

  15:28

  I am pleased to follow the hon. Member for Caithness, Sutherland and Easter Ross (Jamie Stone). I attended the reception he hosted yesterday for young people working in the renewable energy sector. He mentioned the reception in a couple of his earlier interventions, and I agree with those points.

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• 16 Nov 2020: Pension Schemes Bill [Lords]

  17:26

  (a) “the Paris Agreement goal” means the objectives set out in Articles 2 and 4.1 of the agreement done at Paris on 12 December 2015; and

  (b) “other climate change goal” means any climate change goal approved by the Secretary of State, but does not apply to a climate change goal which fails to meet the objectives of the Paris Agreement goal.

  41AA Alignment with the Paris Agreement goal

  (1) Trustees or managers of occupational pension schemes of a prescribed description must develop, set and implement, and from time to time review and if necessary revise, a strategy for ensuring that their investment policy, objectives and practices (including stewardship activities) are aligned with the Paris Agreement goal or other climate change goal.

  (2) Such a strategy is to be known as a “Paris-alignment strategy”.

  (3) The objective of a Paris-alignment strategy must be to achieve net-zero greenhouse gas emissions by 2050 or sooner, consistent with the Paris Agreement goal or other climate change goal.

  (a) requiring the trustees or managers of a scheme, in determining or revising a Paris-alignment strategy, to take into account prescribed matters and follow prescribed principles—

  (i) as to the level of detail required in a Paris-alignment strategy; and

  (ii) as to the period within which a Paris-alignment strategy must be developed, set and effected;

  (b) requiring annual reporting on the implementation of the Paris-alignment strategy and progress against the objective set out in subsection (3); and

  (c) requiring a Paris-alignment strategy to be reviewed, and if necessary revised, at such intervals and on such occasions as may be prescribed.”

  This amendment enables regulations that would mandate occupational pension schemes to develop a strategy for ensuring that their investments and stewardship activities are aligning with the Paris agreement goals, and include an objective of achieving net-zero greenhouse gas emissions by 2050 or sooner.

  “and alignment with achieving the objectives of the Paris Agreement goal or other climate change goal”.

  “(za) provide for the Authority to undertake a review of, and report publicly on, the extent to which the activities under sections 41A and 41AA are achieving effective governance of climate change risk and alignment of pension schemes with the Paris Agreement goal;”.

  This amendment enables the regulator to publicly assess the progress and development of schemes’ strategies to achieve alignment with Paris agreement goals.

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• 13 Jun 2016: Foreign Aid Expenditure

  17:12

  My right hon. Friend is making an excellent speech. Does he agree that in the same way as Make Poverty History was a huge issue then, climate change is a huge issue now? Value-for-money programmes in Bangladesh, such as those to do with flooding, have an enormous impact. They can prevent not only flooding, but famine, helping with unwanted migration and so on—issues we need to look at. Even terrorism can be linked to the failure to address climate change.

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• 15 Oct 2012: Infrastructure (Financial Assistance) Bill

  19:00

  Does my hon. Friend accept that some of us have a concern with the wording of his amendment, which specifically refers to “within the United Kingdom”? In Northern Ireland, for instance, many of the infrastructure projects are likely to have a cross-border character. Infrastructure projects both large and small sometimes have commitments of money from the Irish Government as they serve hinterlands that cross the borders. With renewable energy, of course it makes sense for significant projects to have a cross-border character. They will serve not only Northern Ireland’s but Great Britain’s future energy needs. Might not my hon. Friend’s amendment preclude sensible investment support for such projects?

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• 29 Mar 2010: amendment of The Law

  21:11

  My hon. Friend the Member for Nottingham, South (Alan Simpson) supported the proposals for separating the different functions of the banks—as, to a degree, did the hon. Member for Stratford-on-Avon. My hon. Friend wanted to see greater ambition in the proposals for a green investment bank. I know he will welcome the imminent commencement of the feed-in tariff arrangements for renewable energy. I pay tribute to him for being one of the first in the House to have called for that change. His campaign was successful, and he was an early champion of those arrangements, which will take effect in the next couple of weeks. I echo the tributes that have been paid to him today.

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• 25 Mar 2010: Welfare Tax Credits: Overpayments

  http://www.hmrc.gov.uk/leaflets/cop26.pdf

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• 24 Feb 2010: Welfare Tax Credits: Overpayments

  www.hmrc.gov.uk/leaflets/cop26.pdf

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  www.hmrc.gov.uk/leaflets/cop26.pdf

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See all Parliamentary Speeches Mentioning Climate