Rt Hon Lord Lilley

    Lord Lilley: Can my noble friend confirm that the cost of installing heat pumps—£10,000 per household plus new boilers—will fall disproportionately on low-income households in the colder, northern parts of this country and least on the virtue-signalling better-off in London? She may recall that I voted against the Climate Change Act because its impact statement showed that the potential cost was twice the maximum benefit. What does the cost-benefit analysis of these measures show?

    Baroness Bloomfield of Hinton Waldrist: I recognise the concern that my noble friend raises in his question. However, the cost of not decarbonising heat and developing greener buildings could be an awful lot greater if it falls on future generations. The benefits will be the ability to export green technologies developed in the UK, with support for many more jobs in the green economy. The Government already spend £1 billion per annum supporting poorer households through the ECO and the warm homes discount.

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