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My Lords, I thank the noble Lord, Lord Lansley, for his kind remarks. I have spent most of my life in this environment working on very complicated projects, and I feel very strongly about this issue. I therefore support Amendments 2, 3, 21 and 22, which would secure ARIA’s rights...
My Lords, I thank the noble Lord, Lord Lansley, for his kind remarks. I have spent most of my life in this environment working on very complicated projects, and I feel very strongly about this issue. I therefore support Amendments 2, 3, 21 and 22, which would secure ARIA’s rights...
My Lords, I congratulate the noble Lord, Lord Howell, and the noble Viscount, Lord Hanworth, on their excellent speeches.
It is now accepted that the relentless increase of CO2 in the atmosphere is a serious problem that needs urgently to be stopped because the greenhouse heating effect that it causes results...
My Lords, I congratulate the noble Lord, Lord Howell, and the noble Viscount, Lord Hanworth, on their excellent speeches.
It is now accepted that the relentless increase of CO2 in the atmosphere is a serious problem that needs urgently to be stopped because the greenhouse heating effect that it causes results...
My Lords, while complimenting the Minister and the Government on getting on with the SMR programme, I ask him whether sites are being sought for these reactors where the heat they produce can be used in district heating systems for buildings, industry and horticulture.
My Lords, while complimenting the Minister and the Government on getting on with the SMR programme, I ask him whether sites are being sought for these reactors where the heat they produce can be used in district heating systems for buildings, industry and horticulture.
The noble Lord links together two important facets of this work: the importance of getting on with building new nuclear capacity, which I think is widely recognised, and the importance of developing heat networks. We do not have such a tradition of heat networks in this country, but they are rapidly expanding and we are investing hundreds of millions of pounds in future heat networks.
My Lords, my hope for ARIA was that it would look a bit like ARPA. ARPA is not a blue-sky, high-risk research operation; it is a project agency that takes challenges and builds systems to meet them. I think that this is essentially very different. It is not an invention...
My Lords, my hope for ARIA was that it would look a bit like ARPA. ARPA is not a blue-sky, high-risk research operation; it is a project agency that takes challenges and builds systems to meet them. I think that this is essentially very different. It is not an invention...
My Lords, I rise to give the amendment moved by the noble Lord, Lord Browne, the very strongest support. We have talked around the
issue of how we can solve the problem of losing our brilliant companies, because it is stunningly serious—and it is not just Arm and Nvidia. I...
My Lords, I rise to give the amendment moved by the noble Lord, Lord Browne, the very strongest support. We have talked around the
issue of how we can solve the problem of losing our brilliant companies, because it is stunningly serious—and it is not just Arm and Nvidia. I...
I would like to respond to that, which I find very interesting. I would like to know whether ARPA and DARPA have restraints on certain types of information. Having operated in industry in
an R&D environment, I am familiar with the problems of what you have to keep secret and...
I would like to respond to that, which I find very interesting. I would like to know whether ARPA and DARPA have restraints on certain types of information. Having operated in industry in
an R&D environment, I am familiar with the problems of what you have to keep secret and...
My Lords, I shall make just a few comments. I declare my interests, as I did on Second Reading. I spent most of my active life, 40 or 50 years, doing things that ARPA was doing—that we were doing in IBM in the United States—and I have spent more recent...
My Lords, I shall make just a few comments. I declare my interests, as I did on Second Reading. I spent most of my active life, 40 or 50 years, doing things that ARPA was doing—that we were doing in IBM in the United States—and I have spent more recent...
My Lords, I support our using our full capabilities across the regions; however, while they should all be represented, we have to be careful in trying to spread everything all over the place. I cite a specific example that has been important to British industry. In the 1960s, several people,...
My Lords, I support our using our full capabilities across the regions; however, while they should all be represented, we have to be careful in trying to spread everything all over the place. I cite a specific example that has been important to British industry. In the 1960s, several people,...
I have just a word of disagreement on some of this. Short-termism has been our problem; we must keep the timescales long enough. If you keep pulling the plant up and looking at the roots, it will not grow. On the other hand, one thing that we should practise from...
I have just a word of disagreement on some of this. Short-termism has been our problem; we must keep the timescales long enough. If you keep pulling the plant up and looking at the roots, it will not grow. On the other hand, one thing that we should practise from...
My Lords, I compliment the noble Lord, Lord Lansley, on a lot of penetrating understanding of how ARIA will work. It will all be a matter of working with others and IP from others. Far more will come into ARIA than it will generate itself. It is all a matter...
My Lords, I compliment the noble Lord, Lord Lansley, on a lot of penetrating understanding of how ARIA will work. It will all be a matter of working with others and IP from others. Far more will come into ARIA than it will generate itself. It is all a matter...
My Lords, I agree with this proposal. We need an advanced project agency similar to ARPA. However, in setting up this agency, it is important that we understand what makes these agencies successful, and I think we are on the way.
To declare my interests, I worked for IBM in the...
My Lords, I agree with this proposal. We need an advanced project agency similar to ARPA. However, in setting up this agency, it is important that we understand what makes these agencies successful, and I think we are on the way.
To declare my interests, I worked for IBM in the...
My Lords, if home electricity prices apply, the cost per mile to propel a typical electric car will be very much lower than that needed to propel a fossil-fuel car. However, two-thirds of the cost of petrol and diesel is duty and VAT. Do the
Government plan to tax electricity for electric cars in a similar way, or will they retrieve the approximately £30 billion lost to the Exchequer by other means, such as the long-rumoured road pricing, and how would such changes be phased in?
My Lords, if home electricity prices apply, the cost per mile to propel a typical electric car will be very much lower than that needed to propel a fossil-fuel car. However, two-thirds of the cost of petrol and diesel is duty and VAT. Do the
Government plan to tax electricity for electric cars in a similar way, or will they retrieve the approximately £30 billion lost to the Exchequer by other means, such as the long-rumoured road pricing, and how would such changes be phased in?
The noble Lord will appreciate that matters of taxation are for the Chancellor, but the Government have set out that, as we move forward with this transition away from petrol and diesel cars and vans, we will need to ensure that the tax system continues to encourage the uptake of electric vehicles. Revenues from motoring taxes must keep pace with this change to ensure that we can continue to fund the first-class public services and infrastructure that people and families across the UK expect. I am sure that the Treasury will be looking at other ways of taxing electric vehicles in the future.
I congratulate the noble Lords, Lord Coaker and Lord Morse, on their impressive maiden speeches; they will clearly make powerful contributions to our deliberations.
I wish to address what is described in the Queen’s Speech as a transformation across the union of
“connectivity by rail and bus”.
I will briefly address the extension...
I congratulate the noble Lords, Lord Coaker and Lord Morse, on their impressive maiden speeches; they will clearly make powerful contributions to our deliberations.
I wish to address what is described in the Queen’s Speech as a transformation across the union of
“connectivity by rail and bus”.
I will briefly address the extension...
To ask Her Majesty's Government what assessment they have made of the impact on innovation of moving Innovate UK from the Department for Business, Energy and Industrial Strategy to UK Research and Innovation.
To ask Her Majesty's Government what assessment they have made of the impact on innovation of moving Innovate UK from the Department for Business, Energy and Industrial Strategy to UK Research and Innovation.
UKRI was set up in 2018 to maximise the collective impact of the seven research councils, Innovate UK and the research and knowledge exchange functions of HEFCE. The impact of innovation takes a long time to realise. As part of UKRI, Innovate UK have successfully delivered new approaches to innovation funding, such as the Industrial Strategy Challenge Fund and Innovation Loans pilot.
It is a privilege to follow the noble and learned Lord, Lord Mackay of Clashfern, and I congratulate the noble Lord, Lord Wharton of Yarm, on his appropriate and concise maiden speech.
If the UK is to remain a major industrial nation, we will have to sustain our competitiveness in the...
It is a privilege to follow the noble and learned Lord, Lord Mackay of Clashfern, and I congratulate the noble Lord, Lord Wharton of Yarm, on his appropriate and concise maiden speech.
If the UK is to remain a major industrial nation, we will have to sustain our competitiveness in the...
My Lords, as has already been mentioned by the noble Baroness, Lady Royall, and the noble Lord, Lord Kirkhope, Erasmus is as much about students coming to the UK as it is about our students going overseas. Indeed, I believe we have been receiving twice the number of students that we have sent away, which is a tribute to our universities and effectively balances the cost of our students going abroad. Surely the Turing scheme or others must provide the means to continue that balanced exchange of students, their teachers and those involved in coming up with innovations needed to keep our economy competitive.
My Lords, as has already been mentioned by the noble Baroness, Lady Royall, and the noble Lord, Lord Kirkhope, Erasmus is as much about students coming to the UK as it is about our students going overseas. Indeed, I believe we have been receiving twice the number of students that we have sent away, which is a tribute to our universities and effectively balances the cost of our students going abroad. Surely the Turing scheme or others must provide the means to continue that balanced exchange of students, their teachers and those involved in coming up with innovations needed to keep our economy competitive.
My Lords, the noble Lord is right. Erasmus was a scholar at the university of which the noble Lord was vice-chancellor. Inbound student participation is important as well. That is why we are pleased that there are nearly half a million international students studying in the UK and why the Government have an international education strategy to continue to build on that number. We have four of the world’s top 10 universities and remain an attractive destination.
My Lords, I congratulate the Government on the most realistic energy plan we have seen in recent years. It realises that in the generation of electricity it is essential to sustain nuclear power or CCUS to address the problem that renewables are intermittent. The many applications of batteries are included...
My Lords, I congratulate the Government on the most realistic energy plan we have seen in recent years. It realises that in the generation of electricity it is essential to sustain nuclear power or CCUS to address the problem that renewables are intermittent. The many applications of batteries are included...
Are the Government in their heat and housing strategy doing everything possible to use the heat from nuclear power stations? Some 40% of the energy from nuclear reactors, including small modular reactors, is emitted in the form of heat, which can be captured in district heating systems to heat buildings. It can also be used to produce hydrogen and other low-carbon fuels, thereby making the cost of nuclear power competitive with that of renewables.
Are the Government in their heat and housing strategy doing everything possible to use the heat from nuclear power stations? Some 40% of the energy from nuclear reactors, including small modular reactors, is emitted in the form of heat, which can be captured in district heating systems to heat buildings. It can also be used to produce hydrogen and other low-carbon fuels, thereby making the cost of nuclear power competitive with that of renewables.
The noble Lord is quite right on the science of his question. Indeed, the heat produced by nuclear power stations can be used for many other purposes, rather than just heat networks. After all, nuclear power stations in France are sited often much closer to conurbations than they are here. As for heat networks, the pipe infrastructure is fuel agnostic. Once infrastructure is in place, heat networks can be developed to exploit a range of lower-carbon heat sources. The Government believe that nuclear could have a role in beyond-the-grid applications, including hydrogen production. All nuclear reactor technologies have the potential to feed into the hydrogen market, by producing either low-cost electricity or heat for increasingly efficient electrolysis production.
To ask Her Majesty's Government whether they have requested that the Competition and Markets Authority investigate the potential purchase of ARM by Nvidia; and if not, what plans they have to do so.
To ask Her Majesty's Government whether they have requested that the Competition and Markets Authority investigate the potential purchase of ARM by Nvidia; and if not, what plans they have to do so.
The government is clear that Arm is an important part of the UK's technology sector and makes a significant contribution to the UK economy.
The Competition and Markets Authority bears responsibility for assessing any competition impacts arising from the proposed deal and it will be following its normal regulatory processes in examining this deal. Separately, the Secretary of State also has the responsibility for determining whether or not to refer an acquisition on public interest grounds if relevant thresholds in the Enterprise Act 2002 are met. As such, we are examining this potential acquisition carefully.
We note that it is subject to regulatory approvals in multiple jurisdictions and is not expected to complete until 2022. It would be inappropriate to comment further at this stage.