The Liberal Democrats have challenged the Chancellor to commit to giving the go ahead to the Swansea Bay Tidal Lagoon.
The Liberal Democrats have long fought for a greater use of tidal power and for a programme of tidal lagoons, including at Cardiff, Colwyn Bay, and Newport, creating over 34,000 jobs in Wales alone and opportunities for hundreds of businesses in the supply chain.
A huge shift towards renewables and the clean economy is needed if we are going to bring down consumer bills in the long-term and take seriously our need to tackle climate change, honouring our commitment to the Paris Agreement to limit global warming to 1.5 degrees.
With current technology tidal lagoons alone could provide up to 10% of our future electricity needs, as well as further benefits of flood protection and regeneration of coastal areas. The benefit of tidal lagoons is that the tides never stop – it is a reliable source of energy for generations to come.
Tim Farron, Liberal Democrat Environment Spokesperson, said:
“We are an island nation and our seas give us huge potential - we must harness their power. Britain sits in the middle of an unlimited source of energy yet we are failing to take action to use it.
“The Tories need to act to save our environment, they need to act to create new jobs, they need to act to keep Britain at the forefront of green technology. So far they have failed in all these regards.
“Tidal Lagoons are vital for creating Britain’s low carbon future and will provide extremely reliable and consistent energy for generations to come, that is why the Liberal Democrats are challenging the Chancellor to act.”
Jane Dodds, Leader of the Welsh Liberal Democrats, said:
"The Swansea Tidal Lagoon has the potential to revitalise communities and the wider Welsh economy and unlock other opportunities across the South Wales region.
“It’s a disgrace that the Conservatives have refused to commit to giving Swansea Bay the go-ahead, when the case for it is clear. Even their own commissioned report said it should proceed, yet they have remained silent.
“Liberal Democrats would go ahead immediately with the lagoon at Swansea Bay and start planning for further lagoons in Wales and other parts of the UK.