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Calls to support private sector investment in energy schemes to supercharge push towards renewables

Updated: Oct 21

In refuting calls for the full devolution of the management of the Crown Estate and the establishment of a state-backed energy development company; the Member of the Welsh Parliament for Aberconwy and Shadow Minister for Climate Change, Janet Finch-Saunders MS, has urged the Welsh Government to establish a package of support for private investment in energy schemes to supercharge the push towards renewables.

Speaking after her contribution in the Siambr, Janet said:

“With phase one of COP15 underway, it is most heartening to see that there is agreement across the Siambr on the need to achieve NetZero by 2050, and endorsement of the new global target of protecting at least 30% of land and sea by 2030. Whilst the 2030 goal is still not set in law, it remains the case that its recognition is a positive step forward. “However, today’s calls from Plaid Cymru to tackle the climate and nature crises through seeking further devolution of powers and creating a state-backed company, are unrealistic and should only be seen as a callous electoral strategy that panders to their voting base. “Why would they want this Welsh Government, which only a few weeks ago was telling us that they cannot cope with their devolved responsibility of funding coal pit safety measures, to take on more responsibilities requiring additional resources? “Why would they want this Welsh Government, which has wasted hundreds of millions of pounds, such as £221m on uncompetitive Enterprise Zones; £9.3m on flawed initial funding of the Circuit of Wales; and £130m on propping up Cardiff Airport, to run a development company? “This is why I have instead urged the Welsh Government to remain with its competencies, asking Ministers to maximise the potential for renewable energy development by establishing a package of support for private investment in schemes.”

ENDS

Photo: Janet Finch-Saunders MS/AS

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