17:24 The Chief Secretary to the Treasury (Danny Alexander)

When the Minister gives the details of where the investment will be going, will he tell the House what regard will be given in the decision-making process to the Climate Change Act 2008 and the work of the Committee on Climate Change? It would be short-termism and completely the wrong way to go about the policy if, for example, his infrastructure investment locked us into greater use of carbon rather than reduced use.

[Source]

20:10 Neil Carmichael (Stroud) (Con)

Another critical area whose importance we do not always recognise when we talk about investment is the energy sector. Again, the word “connectivity” is important, but we must also understand the need to provide a framework for the right kind of investment, as well as ensuring, as the Bill does, that guarantees can be put in place for those investments. For example, in the renewable energy sector, we need to think about the infrastructure required to get the energy from where it is created to the place where it will be used.

[Source]

20:19 Geraint Davies (Swansea West) (Lab/Co-op)

We need to think very carefully about how the tax system works in relation to infrastructure. Tata Steel, which I am going to visit next week, provides another example. It has said, quite rightly, that it is one thing to have a European tax on carbon emissions, but if that means that steel manufacturing leaves Europe, goes elsewhere and produces more emissions, is that a good thing? To superimpose the UK’s carbon tax makes things worse.

[Source]