VoteClimate: Spring Budget 2024: Welsh Economy - 17th April 2024

Spring Budget 2024: Welsh Economy - 17th April 2024

Here are the climate-related sections of speeches by MPs during the Commons debate Spring Budget 2024: Welsh Economy.

Full text: https://hansard.parliament.uk/Commons/2024-04-17/debates/D2C27C19-24BA-4DD5-BB11-88652BFAB0AA/SpringBudget2024WelshEconomy

14:38 Nia Griffith (Labour)

People in Wales also face higher energy bills, and the UK Government’s failure to roll out renewables more quickly has made that situation all the worse, which has meant the loss of yet more precious time in the race to bring down bills and combat climate change. Last year, the fiasco of the UK Government’s handling of the bidding process meant that no proposals came forward for floating offshore wind projects.

We see Tata investing in such facilities at our competitor plant at IJmuiden in the Netherlands. I understand that one reason for not bringing that investment to Wales is our high energy costs—something we have been warning this Government about for years. Labour has pledged to invest £3 billion to secure green primary steelmaking in the UK, as well as a national wealth fund, bringing public and private funding together to invest in the green industries of the future, thus creating quality jobs as well as tackling climate change.

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14:47 Liz Saville Roberts (Plaid Cymru)

After covid and in the face of a future of global unrest and accelerated climate change, the Chancellor should have prioritised long-term investment in our public services, infrastructure and communities, yet the Budget and its aftermath seem to have produced a consensus between the Tories and Labour on spending cuts, with the Institute for Fiscal Studies calling support for spending cuts a “conspiracy of silence” between the two main parties. The message should come loud and clear: as things stand, Wales gets crumbs from the table, and we can do so much better. Diolch yn fawr.

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14:53 Jessica Morden (Labour)

Welsh steelworkers are right to feel betrayed by a Government willing to countenance 3,000 redundancies across south Wales while our European steelmaking competitors make historic investments in green steel. The almost-overnight end to our virgin-steelmaking capability in Port Talbot is not an inevitability. Rather than relying on imports from across the world, exposing us to the same global risks that precipitated the energy crisis, Ministers must revisit the multi-union plan, described by Tata itself as credible, to work with our steelworkers towards a just transition to the greener future for steel that we all want.

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15:02 The Parliamentary Under-Secretary of State for Wales (Fay Jones)

The spring Budget also outlined the UK Government’s commitment to securing a diverse energy system with Wales at its heart, through the decision to purchase the Wylfa Newydd site on Ynys Môn. I welcome the shadow Minister’s rather muted celebration of that announcement. New nuclear developments have the potential to transform the north Wales economy, creating thousands of jobs while contributing to our net zero and energy security ambitions. Beyond nuclear, the renewable energy sector is also flourishing in Wales. The Government are supporting floating offshore wind by securing a long-term pipeline of projects in the Celtic sea and unlocking port infrastructure investment through the £160 million floating offshore wind manufacturing investment system. The Chancellor has also announced that the Crown Estate will bring forward an additional 12 GW of floating offshore wind in the Celtic sea in the 2030s.

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