The Secretary of State for Business, Energy and Industrial Strategy (Andrea Leadsom)

After two years as a sole trader at this Dispatch Box as Leader of the House, it is a huge pleasure to be here today with such a superb ministerial team. In addition to my Department’s vital work to help businesses to prepare for Brexit, we have set out three key priority areas for BEIS. First, we aim to lead the world in tackling climate change. From the Prime Minister chairing a new Cabinet Committee to our hosting of COP26 in Glasgow next year, our pathway to net zero is well under way. Secondly, we will seek to solve the grand challenges facing our society, from new support for our life sciences sector to developing fusion power to setting out how amazing UK innovations can solve the challenges of low productivity. Thirdly, we aim quite simply to make the UK the best place in the world to work and to grow a business.

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Julian Sturdy

Will the Secretary of State reassure me that her Department is fully assessing the potential of UK peatlands and peatland restoration in regions such as North Yorkshire, where my constituency lies, in getting us to net zero? Peatlands are a carbon sink that absorb more emissions than the world’s oceans each year.

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Andrea Leadsom

My hon. Friend is right that peatlands have a vital role to play in delivering net zero. In addition to £10 million to help to restore more than 6,000 hectares of peatland over a three-year period, we are working with Natural England on a number of pilot projects, including one in North Yorkshire, to test our approach for moving all peatlands in England on to a path of recovery and restoration.

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Chris Skidmore

Carbon capture, usage and storage is essential to meet our mission for net zero by 2050. We have committed £25 million so far to supporting new companies to progress CCUS, with an additional £100 million as part of the £505 million energy innovation programme. I know that my hon. Friend has taken Heatric to the Department, and officials are keen to ensure that they can continue to work with the company.

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Kwasi Kwarteng

The hon. Gentleman is right: carbon capture, usage and storage is going to be crucial to our meeting our net zero carbon target. We are committed to supporting its deployment in the 2020s. The Government are already funding programmes in this policy area worth more than £500 million, and we will have a useful dialogue with colleagues in the Treasury to encourage the development of the technology.

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