tv Business Today BBC News July 25, 2024 11:30am-11:46am BST
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and support? they talked advice and support? they talked about housing, _ advice and support? they talked about housing, but _ advice and support? they talked about housing, but what - advice and support? they talked about housing, but what they i advice and support? they talked | about housing, but what they are trying to defeat is nimby is. how is this going to work for big installations of solar panels? this gb ener: installations of solar panels? this gb energy doesn't _ installations of solar panels? “in 3 gb energy doesn't exist in isolation. we had very early on, when labour took office they were trying to reduce the barriers to renewable energy projects, the opposition that people sometimes have two having these projects in their back yard. now not requiring, still requiring community involvement but maybe not preventing or restricting these projects because of one complaint here or there, but making sure that process is speeded up a little bit more. this is one of a number of packages or policy changes that the labour government are looking at to accelerate the delivery of renewable
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energy projects. accelerate the delivery of renewable energy proiects-_ accelerate the delivery of renewable energy proieets-_ energy pro'ects. what is the scale of energy projects. what is the scale of investment _ energy projects. what is the scale of investment they _ energy projects. what is the scale of investment they need - energy projects. what is the scale of investment they need from - energy projects. what is the scale of investment they need from the j of investment they need from the private sector? 8.3 of investment they need from the private sector?— private sector? 8.3 billion seems siunificant private sector? 8.3 billion seems significant but _ private sector? 8.3 billion seems significant but actually _ private sector? 8.3 billion seems significant but actually they - private sector? 8.3 billion seems significant but actually they are l significant but actually they are hoping it will stimulate up to £30 billion worth of investment from the private sector in order to deliver these projects. in fact they are helping to deliver a target that the crown estate has to delivered 20 gigawatts of energy that was already in place. they are hoping it will speed up that investment because over the last year or two investment in offshore wind has fallen and got stuck they are hoping it will take away the risk for private companies, trying to kick—start that early investment that we saw a few years ago when the industry
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tell us more about the element of the crown estate being involved, what is the significance of that? there is a lot of expertise, but is interesting that the government is partnering with them. this is the first time we have seen this in this scale. this is of course only england and wales. there are still discussions around the scottish crown estate which is very important, because we have significant offshore wind farms around scotland and it has the biggest wind farms so it is very important having that relationship. it is interesting to understand why this has not happened yet. in fact, the scottish government tried to launch a similar energy company a few years ago and ended up abandoning that because westminster, it said, had not put in place reforms necessary to launch it. there is speculation around whether that issue that happened a few years ago might be holding up some of those delays. the government also said they want the base of this new energy, gb energy to be in scotland,
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they haven't announced where it will be. so maybe you'll hear from they haven't announced where it will be. so maybe you'll hearfrom keir starmer today about where that will be headquarters because help and will bring morejobs be headquarters because help and will bring more jobs to scotland in the face of the in the fact that they might be facing more job losses. figs they might be facing more “ob losses. �* . they might be facing more “ob losses. �* , ., they might be facing more “ob losses. �* . ., , . losses. as we mentioned the effect on “obs, losses. as we mentioned the effect on jobs. what _ losses. as we mentioned the effect on jobs, what about _ losses. as we mentioned the effect on jobs, what about the _ losses. as we mentioned the effect on jobs, what about the effects - losses. as we mentioned the effect on jobs, what about the effects of i on jobs, what about the effects of people's household bills? how will it affect those? the people's household bills? how will it affect those?— it affect those? the launch of this new company _ it affect those? the launch of this new company or _ it affect those? the launch of this new company or entity, _ it affect those? the launch of this new company or entity, labour i it affect those? the launch of this l new company or entity, labour very much put the emphasis on people's household bills and they add that bit of more renewable energy into the system will help do that. it will reduce their relies on importing former gas, for example from asia. but having said that there still some in place in making sure because because see a direct impact. one of their is the fact that this impact electricity and does not impact on gas prices and the majority of people in the
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still heat their home by gas. so alongside the course of electricity, it will be used to using the home of a lecture devices like heat pumps. so besides dropping illiteracy prices it won't heat your house. they are still some issues to resolve and labour have said they are trying to look into the accelerating heat pumps and other reforms around that so eat, it is definitely not something in isolation, that can have an impact on household bills without other reforms. . .. on household bills without other reforms. ., ~ , ., on household bills without other reforms. . ~' , ., on household bills without other reforms. ., ~ , ., . ., reforms. thank you so much. it would ou that reforms. thank you so much. it would you that speech _ reforms. thank you so much. it would you that speech from _ reforms. thank you so much. it would you that speech from the _ reforms. thank you so much. it would you that speech from the prime - you that speech from the prime minister said keir starmerjust as soon as it happens the north west. i will tell. , he was given an award says it was absurd and own one and that she was not able to accept the award onstage due to the lack of a rank. ., , , ., .,,
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award onstage due to the lack of a rank. ., , , ., ., rank. the irony is not lost on me and getting _ rank. the irony is not lost on me and getting granted _ rank. the irony is not lost on me and getting granted freedom - rank. the irony is not lost on me and getting granted freedom ofl rank. the irony is not lost on me i and getting granted freedom of the city are not having the freedom to get on the stage. bud city are not having the freedom to get on the stage.— city are not having the freedom to get on the stage. and was nights at mansion has _ get on the stage. and was nights at mansion has should _ get on the stage. and was nights at mansion has should have _ get on the stage. and was nights at mansion has should have been - mansion has should have been memorable for all the right reasons. for anna, memorable for all the right reasons. foranna, it memorable for all the right reasons. for anna, it did memorable for all the right reasons. foranna, it did not memorable for all the right reasons. for anna, it did not turn out that way. i for anna, it did not turn out that wa . . . for anna, it did not turn out that wa , ., , , ., for anna, it did not turn out that wa . ., , , ., ., for anna, it did not turn out that wa , ., , , ., ., ., way. i was set to get the freedom of the ci of way. i was set to get the freedom of the city of london, _ way. i was set to get the freedom of the city of london, however - way. i was set to get the freedom of the city of london, however there i the city of london, however there was no ramp for me to get it on the stage. it turned and under into an indignity which was really disappointing and i had this moment of how do i react to this? do i make a scene? do i leave, do i stay until this? but it really strikes me that if i don't address it, it is going to keep happening to the next person and i don't want that to happen. anna says it is a symptom of what is known as the implementation gap. it is is an initiative of a pattern that we see again and again wax is not prioritised, whether law is not
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made real and where we, disabled people, have to do the work of making our rights real. the people, have to do the work of making our rights real. the city of london corporation _ making our rights real. the city of london corporation says... - what do you make of that? it what do you make of that? it is what do you make of that? what do ou make of that? . . what do you make of that? . . to have an aolo: that is what do you make of that? . . to have an a olo: that is better to have an apology that is better than what of a lot of disabled people get in these kind of situations. i think experience shows that i would be silly to just trust that i would be silly to just trust that they are going to fix their mistakes, i will be following up because giving us awards while not allowing us access to the stage to dignity is really wrong, especially in the year 202a.
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dignity is really wrong, especially in the year 2024.— in the year 2024. let's go to the event that _ in the year 2024. let's go to the event that we _ in the year 2024. let's go to the event that we have _ in the year 2024. let's go to the event that we have talking - in the year 2024. let's go to the | event that we have talking about in the year 2024. let's go to the - event that we have talking about and have a listen in. it event that we have talking about and have a listen in.— have a listen in. it shows “ust how vulnerable — have a listen in. it shows “ust how vulnerable we * have a listen in. it shows “ust how vulnerable we are, t have a listen in. it shows “ust how vulnerable we are, but _ have a listen in. it showsjust how vulnerable we are, but there's - have a listen in. it showsjust how vulnerable we are, but there's an| vulnerable we are, but there's an answer. the climate change committee, the independent watchdog pitted very well last week. they said, british—based renewable energy is the cheapest and fastest way to reduce vulnerability to global fossil fuel markets. the faster we get our fossil fuels and, the most of you become. they are right. the spread for clean energy is the route to energy independence because dictators and petrol states don't control it. it is the best insurance policy against fossil fuel markets and another price shock and the best way to keep the bill bills down for good. today, we'd had used to great pitches energy bill in parliament. this is the first bill in decades to establish a uk wide publicly owned energy owing to establish a uk wide publicly owned energy owned
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generation company. you find it hard to believe that it would he have wide spread public ownership of energy in this country, but it is by foreign governments of france, denmark, norway and sweden. these nations know that modern public ownership is part of a public service policy and industrial strategy. this government believes it is time for the british people to make things and own things again. gb energy will be an owner and investor. it will work with the private sector to build the clean energy we need, create good jobs that they see and generate lower bills for the taxpayer. investing in technologies such as wind, tidy, nuclear, carbon capture, scaling up community energy through a local power plant and ensuring a just transition for our oil and gas community. we know that we need to act of boldness and imagination to deliver our mission. so, today, we
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also now is a historic partnership between great british energy and the crown estate. this new partnership sees one of our oldest national institutions partnering with our newest to produce three weeks into the new government, a new body, great british energy, the pecan estate, allows an that beyond one term or one government to skew it energy sources for the benefit of the nation. it's all speeding up the energy of the power, but it has supply chains and creating jobs. the billions of capitalisations of great pitches energy will help to unlock tens of billions more. we are under no illusions about the scale of the challenges that we have inherited from energy security to the climate crisis. all what it would take to deliver our long—term plan for this country, but in our first weeks, we have shown that this is a government
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that will act equal to the urgency of our nation's challenges. , this will fulfil the mandate for change the british people gave us. now, it is our enormous privilege to introduce my friend, the prime minister said keir starmer. thank you, ed., thank you susan. is a fantastic_ thank you, ed., thank you susan. is a fantastic introduction. it is really— a fantastic introduction. it is really here to see our clinics as welt _ really hereto see our clinics as welt thank_ really here to see our clinics as well. thank you for that introduction when we arrived. thank you for— introduction when we arrived. thank you for what— introduction when we arrived. thank you for what you do and for being here _ you for what you do and for being here this — you for what you do and for being here this morning. we want to do a lot of— here this morning. we want to do a lot of work— here this morning. we want to do a lot of work with you as this is something the media window. i said it many— something the media window. i said it many times in the election campaign. my dad was a toolmaker and he worked _ campaign. my dad was a toolmaker and he worked physically with steel as you do— he worked physically with steel as you do insert toolmaking. i love environments like this, this is what
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i grew— environments like this, this is what i grew up— environments like this, this is what i grew up in. — environments like this, this is what i grew up in, factories like this with_ i grew up in, factories like this with my— i grew up in, factories like this with my dad, doing the work that he did. with my dad, doing the work that he did~ highly— with my dad, doing the work that he did. highly skilled, very important work. _ did. highly skilled, very important work, working with steel and the sons— work, working with steel and the sorts of— work, working with steel and the sorts of work that you are doing, i love the _ sorts of work that you are doing, i love the sorts of places, thank you for giving — love the sorts of places, thank you for giving up time to listen to listen — for giving up time to listen to listen to— for giving up time to listen to listen to us this morning. i really, reatiy— listen to us this morning. i really, really appreciate it. it is great to be here — really appreciate it. it is great to be here with ed, the energy secretary, in the third week of this labour— secretary, in the third week of this labour government. it hardly seems possible _ labour government. it hardly seems possible that three weeks ago today, literally, _ possible that three weeks ago today, literally, we were still knocking on doors _ literally, we were still knocking on doors try— literally, we were still knocking on doors try to persuade people to vote for us _ doors try to persuade people to vote for us and _ doors try to persuade people to vote for us and here we are back to show that the _ for us and here we are back to show that the work of change has already begun _ that the work of change has already begun the — that the work of change has already begun. the hard graft of rebuilding this country has truly started. it is this country has truly started. it is vital— this country has truly started. it is vital that we begin immediately because _ is vital that we begin immediately because the last government dropped the bait _ because the last government dropped the ball. they left us the worst inheritance since the second world war and _ inheritance since the second world war and every day, every day we are
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finding _ war and every day, every day we are finding more — war and every day, every day we are finding more mess that they have left for— finding more mess that they have left for us — finding more mess that they have left for us to clear up. the rot of short—sightedness and self—service lessons _ short—sightedness and self—service lessons we — short—sightedness and self—service lessons we can be foundations of our country _ lessons we can be foundations of our country we — lessons we can be foundations of our country. we have started there would be country. we have started there would he feet _ country. we have started there would be feet rebuilding but the problems that have _ be feet rebuilding but the problems that have been left to —— for years. because _ that have been left to —— for years. because your — that have been left to —— for years. because your mind back to ten years a-o because your mind back to ten years ago for— because your mind back to ten years ago for example when the conservative government because the investnfent_ conservative government because the investment in clean british power. that impact on yourjobs. they told you that _ that impact on yourjobs. they told you that the — that impact on yourjobs. they told you that the clean energy future was possible _ you that the clean energy future was possible as — you that the clean energy future was possible as they block to companies from building it. they offered the future _ from building it. they offered the future while they sat out the race. that was _ future while they sat out the race. that was not an oversight, it was an active _ that was not an oversight, it was an active choice — that was not an oversight, it was an active choice. another example of the chaos— active choice. another example of the chaos that characterise their government. a failure to serve our country— government. a failure to serve our country in — government. a failure to serve our country in my view. they banned onshore — country in my view. they banned onshore wind, look at the impact
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that has— onshore wind, look at the impact that has had on yourjobs! this last support— that has had on yourjobs! this last support for— that has had on yourjobs! this last support for home insulation, they cut investment in renewables and people _ cut investment in renewables and people have paid the price for their negligence. when russia invaded ukraine, — negligence. when russia invaded ukraine, we were left more exposed than other— ukraine, we were left more exposed than other countries and that meant putin— than other countries and that meant putin pushed our bills up and every family— putin pushed our bills up and every family and — putin pushed our bills up and every family and every bit as i felt the impact — family and every bit as i felt the impact of— family and every bit as i felt the impact of that. we have lost a decade — impact of that. we have lost a decade of— impact of that. we have lost a decade of opportunity, miss chances to build _ decade of opportunity, miss chances to build our— decade of opportunity, miss chances to build our energy security, to cut bills to build our energy security, to cut hills and _ to build our energy security, to cut bills and create jobs. people up and down _ bills and create jobs. people up and down the _ bills and create jobs. people up and down the country have literally paid the price _ down the country have literally paid the price of that short—sightedness and we _ the price of that short—sightedness and we should be in no doubt for as lon- and we should be in no doubt for as long as _ and we should be in no doubt for as long as we — and we should be in no doubt for as long as we remain reliant on foreign dictators _ long as we remain reliant on foreign dictators and fossil fuels. this country— dictators and fossil fuels. this country will be exposed to future energy— country will be exposed to future energy shocks like the one that we have just _ energy shocks like the one that we have just had and as usual, it will be working —
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have just had and as usual, it will be working people who are hit hardest — be working people who are hit hardest these crises. but now there's— hardest these crises. but now there's a _ hardest these crises. but now there's a massive prize within our reach _ there's a massive prize within our reach and — there's a massive prize within our reach and make no mistake, the race is reach and make no mistake, the race is on _ reach and make no mistake, the race is on to— reach and make no mistake, the race is on to get— reach and make no mistake, the race is on to get there and until now, i feel like _ is on to get there and until now, i feel like we — is on to get there and until now, i feel like we have been tying up our laces _ feel like we have been tying up our laces in _ feel like we have been tying up our laces in the — feel like we have been tying up our laces in the changing room. no more. i don't _ laces in the changing room. no more. i don'tiust_ laces in the changing room. no more. i don'tjust want laces in the changing room. no more. i don't just want to be laces in the changing room. no more. i don'tjust want to be in laces in the changing room. no more. i don't just want to be in the laces in the changing room. no more. i don'tjust want to be in the race for clean — i don'tjust want to be in the race for clean energy, i want us to win the race — for clean energy, i want us to win the race for— for clean energy, i want us to win the race for clean energy and why not? _ the race for clean energy and why not? we — the race for clean energy and why not? we have got the potential, we've _ not? we have got the potential, we've got— not? we have got the potential, we've got the ports, the people, the skills— we've got the ports, the people, the skills and _ we've got the ports, the people, the skills and now, we have got a missing — skills and now, we have got a missing driven government —— mission driven— missing driven government —— mission driven government to determined to use take _ driven government to determined to use take on — driven government to determined to use take on this opportunity. in week— use take on this opportunity. in week one — use take on this opportunity. in week one of our government, we lifted _ week one of our government, we lifted the — week one of our government, we lifted the ban of onshore wind, we committed — lifted the ban of onshore wind, we committed to unblock solar power, began _ committed to unblock solar power, began solar rooftop revolution or new homes and businesses and last
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week, _ new homes and businesses and last week, we _ new homes and businesses and last week, we lifted the bell new homes and businesses and last week, we lifted the hell on the kings — week, we lifted the hell on the kings speech to create a great british— kings speech to create a great british energy, a public owned british— british energy, a public owned british government, make money for the taxpayer, creating the next generation ofjobs and taken putin's boot generation ofjobs and taken putin's hoot of— generation ofjobs and taken putin's hoot of our— generation ofjobs and taken putin's boot of our throats once and for all. today. _ boot of our throats once and for all. today. i— boot of our throats once and for all. today, lam boot of our throats once and for all. today, i am delighted to announce _ all. today, i am delighted to announce our new chair of great british— announce our new chair of great british energy. thank you so much to take on— british energy. thank you so much to take on us— british energy. thank you so much to take on us this really important role, _ take on us this really important role, he — take on us this really important role, he brings his credibility as a former— role, he brings his credibility as a former chief elective of c minor uk. i visited _ former chief elective of c minor uk. i visited siemens. i know that you're — i visited siemens. i know that you're going to bring that experience to lead the success of gb
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