WEBVTT - Enough EVs at the Right Price Is a Good Start for Net Zero

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<v Speaker 1>Hi everyone. So about a month ago I bought a bike,

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<v Speaker 1>primarily for commuting once we go back to the office,

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<v Speaker 1>but also for just getting out there. It's a gravel

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<v Speaker 1>bike built to be great on pavement, but if you

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<v Speaker 1>see a trail off to the side, you'll be fine.

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<v Speaker 1>I love it, I really do. But at the same

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<v Speaker 1>time I also bought a car. Am I happy about it? No?

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<v Speaker 1>Not really. It's my first car in seven years since

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<v Speaker 1>moving here to London from Washington, d C. When I

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<v Speaker 1>sold my last car back and said, okay, the next

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<v Speaker 1>one will definitely be fully electric, but it didn't happen.

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<v Speaker 1>We went fully ice or internal combustion engine. The main reasons,

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<v Speaker 1>and I'm talking as a consumer here, were charging and choice.

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<v Speaker 1>With charging, well, there are places to charge, you see

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<v Speaker 1>them around, but not in my flat. We only have

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<v Speaker 1>street parking and no charge points nearby. And choice. I'm

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<v Speaker 1>not in the market for a Tesla, and when I

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<v Speaker 1>was looking around, the fully electric car seemed a bit

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<v Speaker 1>fewer and further between. Maybe both these were a matter

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<v Speaker 1>of perception and I should have done more research. But

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<v Speaker 1>also maybe I'm a good proxy for the public who

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<v Speaker 1>needs it to be a bit easier okay, but despite

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<v Speaker 1>the ice, it doesn't make me any less of a

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<v Speaker 1>fan of e v's and doesn't make me want one

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<v Speaker 1>any less. Next car will absolutely be electric, and I

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<v Speaker 1>told myself, by the time I'm in the market again,

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<v Speaker 1>the charging infrastructure and range of models will have caught up. Well.

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<v Speaker 1>If today's guest has anything to do with it, that

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<v Speaker 1>will absolutely be the case. Today we're joined by a

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<v Speaker 1>UK Member of Parliament and Parliamentary Under Secretary of State

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<v Speaker 1>at the Department for Transport, Minister for the Future of

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<v Speaker 1>Transport and Decarbonization, Rachel McClain. You'll note that the very

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<v Speaker 1>first thing Minister McClain says is that for the UK

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<v Speaker 1>to hit the net zero emissions target they set, they

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<v Speaker 1>need to expand the charging network and offer enough evs

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<v Speaker 1>at the right price. But during the conversation, she and

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<v Speaker 1>my co host and had of Europe, Middle Eastern Africa

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<v Speaker 1>for BENF Dana Perkins, look at the future of transport

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<v Speaker 1>in the UK as a whole. They discuss hydrogen trains, planes,

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<v Speaker 1>emission standards, bikes, scooters and how each can contribute to

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<v Speaker 1>zero target. Dana's interview with Minister mcclin took place as

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<v Speaker 1>part of the BENF London Summit on October being if

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<v Speaker 1>users can see this interview and more, including all the

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<v Speaker 1>benef analyst talks on BENF talk Com, the BENF Mumbile

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<v Speaker 1>app and the Bloomberg terminal. As a reminder, BENF does

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<v Speaker 1>not provide investment or strategy advice, and you can hear

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<v Speaker 1>the full disclaimer at the end of the show. I'm

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<v Speaker 1>Mark Taylor and you're listening to switch on now over

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<v Speaker 1>to Dana for her interview with Minister McClain. Minister McClain,

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<v Speaker 1>thank you so much for joining us today and taking

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<v Speaker 1>time out of your busy schedule. It's a pleasure to

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<v Speaker 1>be with you, Dana, thank you for having me along.

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<v Speaker 1>So let's dive right in. Let's talk about net zero

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<v Speaker 1>missions and the electric vehicle transition. So here we are,

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<v Speaker 1>we're in the UK, We have a twenty fifty target

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<v Speaker 1>and no doubt electric vehicles are going to play an

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<v Speaker 1>important part in that. So if we're looking at the

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<v Speaker 1>transition that needs to take place over the next ten

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<v Speaker 1>to maybe fifteen years, I want to know what steps,

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<v Speaker 1>what are the most significant steps you think need to

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<v Speaker 1>be taken in order to achieve that goal. In that timeline. Yeah, absolutely,

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<v Speaker 1>and it is a very ambitious goal, but we already

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<v Speaker 1>confident that we can meet to and what's more, we

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<v Speaker 1>are committed as a government. We think it's vitally important,

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<v Speaker 1>and we are the first major economy to actually legislate

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<v Speaker 1>for that net zero target. So we do have a

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<v Speaker 1>lot of work to do. And I think is anyone

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<v Speaker 1>who drives an e Vy knows whether you know you're

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<v Speaker 1>doing it for commercial reasons or you're just a private driver,

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<v Speaker 1>you will know that one of the key challenges is

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<v Speaker 1>around the infrastructure side of things, getting that charging infrastructure

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<v Speaker 1>in the right place, at the right cost, getting it

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<v Speaker 1>there reliably for people, and that's vital that we get

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<v Speaker 1>that right. And I think the second thing is making

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<v Speaker 1>sure that we have enough electric vehicles available to buy

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<v Speaker 1>at the right price for people. So you will know

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<v Speaker 1>that the government is already supporting the purchase price of

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<v Speaker 1>electric vehicles cars for private individuals, private buyers and drivers,

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<v Speaker 1>and also providing a lot of support for business customers

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<v Speaker 1>as well through plugging car grants and so on, and

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<v Speaker 1>helping people to get charge points installed at their homes

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<v Speaker 1>or their workplaces. But that work clearly has to continue

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<v Speaker 1>and it has to accelerate, and that is exactly what

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<v Speaker 1>we are committed to doing. What do you think will

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<v Speaker 1>be the most important mechanism in order to get As

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<v Speaker 1>you were discussing on prices, what do you think would

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<v Speaker 1>be the most important thing to make them accessible to

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<v Speaker 1>people at a wide range of incomes, given that they

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<v Speaker 1>are currently, at least right now more expensive than internal

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<v Speaker 1>combustion engines. Yeah, I mean, I think there's a couple

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<v Speaker 1>of things to consider about the price of an electric vehicle.

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<v Speaker 1>There are new models coming into the market all the time,

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<v Speaker 1>and what we know about the automot motive industries, it's

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<v Speaker 1>fantastic at innovating. So certainly as we start to see

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<v Speaker 1>the direction of travel through legislation and also through consumer demand,

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<v Speaker 1>we know that the car industry will respond to that.

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<v Speaker 1>We absolutely accept it's a hard time for the car

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<v Speaker 1>industry at the moment, But even just recently we saw

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<v Speaker 1>electric vehicle registrations accelerate and really quite significantly. So there

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<v Speaker 1>are a number of people that are choosing to buy

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<v Speaker 1>an electric vehicle now as a percentage of all car

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<v Speaker 1>buyers is bigger than it has ever been since we

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<v Speaker 1>started keeping these records. So we have to consider the

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<v Speaker 1>overall cost of an electric vehicle, and of course, if

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<v Speaker 1>you are not filling up at the pump, you're saving

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<v Speaker 1>a huge amount of money. You're you're keeping cash in

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<v Speaker 1>your pocket that you would have been, you know, putting

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<v Speaker 1>into your petrol or diesel tank. So we are providing

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<v Speaker 1>a lot of support for people with that initial purchase price,

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<v Speaker 1>and that is in place at the moment for the

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<v Speaker 1>foreseeable future, but we will have to keep that under

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<v Speaker 1>review as we consider, you know, where do we invest

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<v Speaker 1>government cash in this infrastructure transition and this revolution towards

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<v Speaker 1>electric driving. So you're saying the record number of electric

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<v Speaker 1>vehicles are being purchased. Do you think it is that

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<v Speaker 1>cost savings at the pump that's driving it or what

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<v Speaker 1>do you think is the primary reason people are buying them? Well,

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<v Speaker 1>I genuinely think that is a real mindset shift with people,

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<v Speaker 1>and we saw it before COVID, but I think COVID

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<v Speaker 1>has brought it to the fall and we've seen people

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<v Speaker 1>really think about the fact that they did really like

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<v Speaker 1>the fact that their air was clean, that their streets

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<v Speaker 1>were clean during the lockdown period. It made them appreciate

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<v Speaker 1>if you like the health of our planet, how everything

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<v Speaker 1>is connected, and it made them consider the choices that

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<v Speaker 1>they're making in all areas of their lives. And so

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<v Speaker 1>we as a government, we really welcome that and we

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<v Speaker 1>are committed to a green recovery across all of the

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<v Speaker 1>work that we're doing. So it now is a real

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<v Speaker 1>moment I think for people who are coming into the

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<v Speaker 1>market looking at what's available, um and thinking about doing

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<v Speaker 1>that for I think for the sort of the right reasons,

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<v Speaker 1>if you like, thinking about the environmental reasons as well

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<v Speaker 1>of course of that cost factor, So taking into account

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<v Speaker 1>the overall cost of ownership of an electric vehicle, it

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<v Speaker 1>can work out significantly cheaper over the long term. So

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<v Speaker 1>let's talk a little bit about the emission standards and

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<v Speaker 1>kind of the role the government has to play in

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<v Speaker 1>looking at some of this. In the EU, you know

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<v Speaker 1>they have some pretty aggressive emission standards coming out with

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<v Speaker 1>the UK. Do you think they're the policies here are

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<v Speaker 1>going to make the electric vehicle transition faster, slower? You know,

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<v Speaker 1>they're going to be stricter, they're going to be more relaxed.

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<v Speaker 1>And how will that come into play as we leave

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<v Speaker 1>the European Union? So obviously as we're leaving the European Union,

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<v Speaker 1>all the regulations that were part of the EU law

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<v Speaker 1>but will be brought into our law, so we will

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<v Speaker 1>have those standards that domestically as the EU did. But

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<v Speaker 1>we are currently consulting on what will our standards look

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<v Speaker 1>like after the end of the transition period, and we

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<v Speaker 1>will see the consult that the results of that consultation

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<v Speaker 1>very soon. But we've been very clear that we're going

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<v Speaker 1>to be at least as ambitious as the EU in

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<v Speaker 1>our emission standards because we want to be leading in

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<v Speaker 1>this area, and we see the opportunity of leaving the

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<v Speaker 1>EU as a chance for us to set our own

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<v Speaker 1>standards as right for our own market, right for our

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<v Speaker 1>own environment. So that's great. And you actually actually also

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<v Speaker 1>pointed out a little bit earlier that the automakers have

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<v Speaker 1>a tremendous amount of innovation when they put their my

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<v Speaker 1>into it. So what, well, you think it will be

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<v Speaker 1>the best way in order to incentiviz that I don't

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<v Speaker 1>maker is to be a part of the emissions reduction strategy. Well,

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<v Speaker 1>I have regular conversations with all the automakers and I

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<v Speaker 1>can tell you that they are absolutely up for the

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<v Speaker 1>challenge and they definitely have already got very advanced plans

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<v Speaker 1>almost all of them to go to a sort of

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<v Speaker 1>zero carbon or a very low carbon product range. But

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<v Speaker 1>it is important that we as government support them in this.

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<v Speaker 1>It's a vital industry employing thousands of people up and

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<v Speaker 1>down the UK with highly skilled jobs, you know, lots

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<v Speaker 1>of different areas of the country. So we have made

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<v Speaker 1>available one and a half billion pounds already to help

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<v Speaker 1>them make that transition to new forms of technology, and

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<v Speaker 1>we know we need to continue to work hand in

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<v Speaker 1>hand with the industry on issues like batteries, supplier batteries,

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<v Speaker 1>how our batteries recycled, to help them develop that technology

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<v Speaker 1>that they will need to grasp this new opportunity. There's

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<v Speaker 1>a very constructive relationship that we have with them. So

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<v Speaker 1>in terms of technology advancements, one that is looking very

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<v Speaker 1>promising at the moment act switching tracks a little bit

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<v Speaker 1>is onto hydrogen in particular for the heart to abate sectors.

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<v Speaker 1>So what are some of the more promising things that

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<v Speaker 1>you think are happening over at the Department of Transportation

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<v Speaker 1>when it comes to hydrogen, And then additionally, like what

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<v Speaker 1>are some of the benchmarks that you're looking for in areas,

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<v Speaker 1>let's say aviation, that show us that we're succeeding. You

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<v Speaker 1>know what, what things are you looking for, and I

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<v Speaker 1>think therefore we should be looking for So we we

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<v Speaker 1>definitely see a future in hydrogen across the department. We

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<v Speaker 1>we maintain a technology neutral approach, so we don't necessarily

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<v Speaker 1>pick or choose one particular technology, but we definitely think

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<v Speaker 1>hydrogen has got a very significant role to play, as

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<v Speaker 1>you mentioned in some of those harder to de carbonized sectors,

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<v Speaker 1>specifically the harder, the heavier sectors such as maritime such

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<v Speaker 1>as the freight sector, and potentially aviation as well. We've

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<v Speaker 1>already seen a hydrogen fueled plane take off this last week,

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<v Speaker 1>and there's also potentially in trains as well, and I

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<v Speaker 1>think it's really exciting to to see the development of

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<v Speaker 1>the hydrogen policy. Now. Last week I was lucky enough

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<v Speaker 1>to go to Middlesborough to actually open the first Hydrogen

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<v Speaker 1>for Transport hub, and what we're doing with that is

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<v Speaker 1>we are looking to see how transport can actually work

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<v Speaker 1>on the ground in a specific location, so we can

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<v Speaker 1>consider all the different parts of the hydrogen ecosystem. For example,

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<v Speaker 1>the fueling, Where does the power come from, how do

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<v Speaker 1>we get the hydrogen, how do we actually make it

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<v Speaker 1>work at scale in a location with buses and lorries

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<v Speaker 1>and and ships and all the different modes of transport.

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<v Speaker 1>So there's a lot more work to do as we

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<v Speaker 1>develop that technology even further because at the moment it

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<v Speaker 1>does need to sort of overcome some hurdles in terms

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<v Speaker 1>of that mass commercialization, particularly with the green hydrogen, and

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<v Speaker 1>that's where where we want to go with it. So

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<v Speaker 1>it's an exciting time for it and we are investing

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<v Speaker 1>heavily in the R and D for hydrogen. There are

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<v Speaker 1>some physical limitations to hydrogen. Do you think that there

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<v Speaker 1>is a specific part of the UK that's going to

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<v Speaker 1>benefit more from this incubation or is it too early

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<v Speaker 1>to tell? Well, we it is a bit early to tell.

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<v Speaker 1>We picked Middlesbrough tea Side for our first transport hub

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<v Speaker 1>out of a number of places actually because it does

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<v Speaker 1>have all the right capacity for our initial work. It's

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<v Speaker 1>got apport, it's got access to renewable energy, it's got

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<v Speaker 1>a it's got a very highly developed skills base and

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<v Speaker 1>also it's got a fantastic university there with the cutting

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<v Speaker 1>edge R and D research, so it had all the

0:11:27.320 --> 0:11:29.480
<v Speaker 1>factors there, but there's no reason why other areas of

0:11:29.520 --> 0:11:32.360
<v Speaker 1>the UK couldn't also benefit. There's some great work going

0:11:32.360 --> 0:11:35.680
<v Speaker 1>on in Scotland, for example, and any facts across the UK,

0:11:35.880 --> 0:11:38.040
<v Speaker 1>So we want to see it spread out across all

0:11:38.040 --> 0:11:40.720
<v Speaker 1>areas that can benefit in the future. Well, so let's

0:11:41.080 --> 0:11:44.160
<v Speaker 1>talk about COVID. It's definitely on the top of everyone's

0:11:44.160 --> 0:11:46.160
<v Speaker 1>minds and I think it's I can say that it's

0:11:46.240 --> 0:11:48.920
<v Speaker 1>changed everybody's lives in a lot of different ways. And

0:11:48.960 --> 0:11:50.400
<v Speaker 1>one of those that I think we're just at the

0:11:50.440 --> 0:11:53.760
<v Speaker 1>beginning of seeing is maybe a move of people out

0:11:53.800 --> 0:11:58.600
<v Speaker 1>of cities and maybe having eventually longer commutes but less frequently.

0:11:58.679 --> 0:12:01.120
<v Speaker 1>And we know right now those communites actually need to

0:12:01.120 --> 0:12:05.240
<v Speaker 1>be much less densely packed. So that changes everything for

0:12:05.280 --> 0:12:07.920
<v Speaker 1>the rail network in terms of how they make their money.

0:12:08.000 --> 0:12:11.200
<v Speaker 1>And my question is really around do you think that

0:12:11.240 --> 0:12:14.480
<v Speaker 1>there will need to be ongoing government intervention in the

0:12:14.559 --> 0:12:17.600
<v Speaker 1>rail networks in order to keep these you know, commuter

0:12:17.679 --> 0:12:20.320
<v Speaker 1>trains running. Well. I think you're right to point to

0:12:20.840 --> 0:12:23.840
<v Speaker 1>a huge shift in society and in the way that

0:12:23.880 --> 0:12:26.199
<v Speaker 1>we work, and I don't think that's fully played out yet.

0:12:27.120 --> 0:12:29.480
<v Speaker 1>But but certainly the governments recognized that we do need

0:12:29.520 --> 0:12:32.679
<v Speaker 1>to underwrite the rail network, certainly at the moment, and

0:12:32.720 --> 0:12:35.920
<v Speaker 1>that's why you know, you've seen that process take place.

0:12:36.000 --> 0:12:38.240
<v Speaker 1>We've kept the trains running even though there's very little

0:12:38.280 --> 0:12:41.640
<v Speaker 1>revenue coming in from them. I have noticed myself because

0:12:41.640 --> 0:12:44.520
<v Speaker 1>I've had to carry on commuting basically through through most

0:12:44.520 --> 0:12:47.240
<v Speaker 1>of the lockdown because we will call back to Westminster,

0:12:47.280 --> 0:12:49.480
<v Speaker 1>as you probably know, so I've had to trouvel by

0:12:49.600 --> 0:12:52.640
<v Speaker 1>train from my constituency and it was very very quiet

0:12:52.640 --> 0:12:54.600
<v Speaker 1>at the beginning, but the numbers are started to pick

0:12:54.720 --> 0:12:57.840
<v Speaker 1>up now and so the message that we are sort

0:12:57.840 --> 0:12:59.680
<v Speaker 1>of putting out there's a Department of Transport is it

0:12:59.720 --> 0:13:01.640
<v Speaker 1>is so to travel the the train of freights Income

0:13:01.720 --> 0:13:05.400
<v Speaker 1>has It's done a fantastic job actually cleaning those trains,

0:13:05.520 --> 0:13:09.000
<v Speaker 1>making them safe, making sure everybody can feel comfortable to

0:13:09.120 --> 0:13:12.480
<v Speaker 1>travel and wearing face masks. So it's a bit too

0:13:12.480 --> 0:13:14.760
<v Speaker 1>early to see how it's it's going to play out,

0:13:14.800 --> 0:13:16.320
<v Speaker 1>but at the top of the time, big it is

0:13:16.320 --> 0:13:18.240
<v Speaker 1>safe to travel and it's a much greener way of

0:13:18.280 --> 0:13:20.480
<v Speaker 1>traveling down getting in a car. Okay, so let's say

0:13:20.480 --> 0:13:22.520
<v Speaker 1>you're not taking the train and you live close enough

0:13:22.600 --> 0:13:26.040
<v Speaker 1>to do those short trips, and I am seeing bike

0:13:26.280 --> 0:13:29.240
<v Speaker 1>lanes open up all over London actually at the moment,

0:13:29.280 --> 0:13:31.880
<v Speaker 1>and I am now a pride proud bike owner and

0:13:31.920 --> 0:13:33.680
<v Speaker 1>I'm going to be doing my commute by a bike.

0:13:33.920 --> 0:13:37.040
<v Speaker 1>So in this micro mobility space, you know, Actually, another

0:13:37.080 --> 0:13:40.280
<v Speaker 1>thing that has become popular have been these electric scooters,

0:13:40.360 --> 0:13:44.360
<v Speaker 1>which are currently not yet legal. What do you foresee

0:13:44.400 --> 0:13:48.120
<v Speaker 1>happening with those? Is there a path to legalization? And

0:13:48.160 --> 0:13:50.640
<v Speaker 1>also how big of an impact do you think micro

0:13:50.760 --> 0:13:55.160
<v Speaker 1>mobility can have so bikes and electric little scooters on

0:13:55.240 --> 0:13:58.520
<v Speaker 1>the overall emissions reduction strategy. Well, well don't you getting

0:13:58.559 --> 0:14:01.000
<v Speaker 1>on your bloke actually b already because well at the weekend,

0:14:01.040 --> 0:14:03.439
<v Speaker 1>and it is fantastics, it's very hearly where I live.

0:14:03.520 --> 0:14:06.440
<v Speaker 1>So it's been a bit of a revelation. But yeah, ea,

0:14:06.440 --> 0:14:09.400
<v Speaker 1>scooters are are really quite a very very new and

0:14:09.440 --> 0:14:13.160
<v Speaker 1>potentially very exciting policy area actually, and I think what

0:14:13.480 --> 0:14:15.560
<v Speaker 1>we we took the view that well, look, you know

0:14:15.679 --> 0:14:18.800
<v Speaker 1>these are available in pretty much every other European country

0:14:18.840 --> 0:14:21.240
<v Speaker 1>that you go to, and we know that there is

0:14:21.280 --> 0:14:23.600
<v Speaker 1>a demand for them. We know that people are using

0:14:23.640 --> 0:14:27.200
<v Speaker 1>them illegally. As you say, you know it very clear

0:14:27.280 --> 0:14:29.520
<v Speaker 1>it is illegal to ride them at the moment unless

0:14:29.520 --> 0:14:32.320
<v Speaker 1>you're in a trial area. But in recognition of the

0:14:32.360 --> 0:14:35.080
<v Speaker 1>fact that we are in a global pandemic, we're in

0:14:35.160 --> 0:14:37.880
<v Speaker 1>an extraordinary situation where there were issues with getting on

0:14:37.880 --> 0:14:40.800
<v Speaker 1>public transport, but at the same time we wanted to

0:14:40.880 --> 0:14:44.280
<v Speaker 1>maintain our commitment to greener forms of transport. That's why

0:14:44.280 --> 0:14:46.800
<v Speaker 1>we brought forward the trials of East scooters, which are

0:14:46.800 --> 0:14:49.480
<v Speaker 1>now taking place in a few areas, not in London yet,

0:14:49.800 --> 0:14:52.320
<v Speaker 1>but they're taking place in about half a dozen areas

0:14:52.320 --> 0:14:53.960
<v Speaker 1>of the UK, and we'll have a few more coming

0:14:54.000 --> 0:14:55.920
<v Speaker 1>on stream as well, and I think there is a

0:14:56.000 --> 0:15:01.160
<v Speaker 1>huge potential in EAST scooters. They don't replace cycles or walking.

0:15:01.280 --> 0:15:04.720
<v Speaker 1>They are an alternative for people who may choose to

0:15:04.840 --> 0:15:07.560
<v Speaker 1>use them on a certain day for a certain journey

0:15:07.600 --> 0:15:09.880
<v Speaker 1>where it may not be appropriate or may not be

0:15:09.920 --> 0:15:13.400
<v Speaker 1>their preference to use a bike. But it's certainly a

0:15:13.600 --> 0:15:15.920
<v Speaker 1>very good alternative if you are make if you were

0:15:16.040 --> 0:15:18.000
<v Speaker 1>going to make a very short journey by a car,

0:15:18.480 --> 0:15:21.040
<v Speaker 1>to use an e scooter instead. And that's how we

0:15:21.160 --> 0:15:23.840
<v Speaker 1>see it playing into the mix. Because we know that

0:15:24.040 --> 0:15:26.640
<v Speaker 1>we know that vast numbers of car journeys are very

0:15:26.680 --> 0:15:30.240
<v Speaker 1>short there, three or four and maybe even five miles,

0:15:30.280 --> 0:15:32.800
<v Speaker 1>and it's entirely foreseeable that someone would use an e

0:15:32.880 --> 0:15:35.640
<v Speaker 1>scooter that that type of journey, and you imagine the

0:15:35.680 --> 0:15:38.760
<v Speaker 1>potential reduction in carbon and greenhouse gas that's going to

0:15:38.800 --> 0:15:40.800
<v Speaker 1>be achieved if we can shift even a few of

0:15:40.840 --> 0:15:44.480
<v Speaker 1>those car journeys onto the scooters or indeed on other

0:15:44.560 --> 0:15:47.480
<v Speaker 1>forms of micro mobility vehicles. We are looking across the

0:15:47.480 --> 0:15:50.880
<v Speaker 1>board actually where we could potentially introduce other forms of

0:15:51.080 --> 0:15:54.080
<v Speaker 1>slightly new vehicles that are out there. I mean, I'm

0:15:54.120 --> 0:15:56.480
<v Speaker 1>all in favor of innovation, and some of these scenes

0:15:56.480 --> 0:15:59.160
<v Speaker 1>can help people get around people with mobility issues that

0:15:59.320 --> 0:16:02.120
<v Speaker 1>you know, may we can't cycle or walk. So I

0:16:02.160 --> 0:16:04.000
<v Speaker 1>think it's right that we free up this sort of

0:16:04.000 --> 0:16:06.320
<v Speaker 1>innovation as long as we're doing it safely, which we are.

0:16:06.640 --> 0:16:08.560
<v Speaker 1>What are some other examples of things that you guys

0:16:08.600 --> 0:16:12.120
<v Speaker 1>are looking at? So got the electric scooters and bikes

0:16:12.120 --> 0:16:14.240
<v Speaker 1>and electric bikes. What are some other things on the

0:16:14.400 --> 0:16:16.840
<v Speaker 1>kind of cutting edge tech wise? There's a lot of

0:16:16.840 --> 0:16:19.600
<v Speaker 1>sort of work in progress going on. We we obviously

0:16:19.720 --> 0:16:23.640
<v Speaker 1>are a leader in this country in sort of automated automation,

0:16:24.280 --> 0:16:28.000
<v Speaker 1>self driving vehicles as well, so that that's work is

0:16:28.040 --> 0:16:30.680
<v Speaker 1>coming on stream. There's quite a lot of vehicles in

0:16:30.680 --> 0:16:32.800
<v Speaker 1>the sort of what we call the novel vehicle category.

0:16:32.920 --> 0:16:35.280
<v Speaker 1>So as well as the scooters that you see there

0:16:35.280 --> 0:16:39.200
<v Speaker 1>are seeded scooters very beneficial for some people. There's a

0:16:39.720 --> 0:16:43.760
<v Speaker 1>smaller vehicles that don't really it's a broad class of

0:16:43.840 --> 0:16:46.120
<v Speaker 1>vehicles called L class vehicles, and there's some things in

0:16:46.160 --> 0:16:48.840
<v Speaker 1>there that are really quite cool and look quite futuristic.

0:16:48.880 --> 0:16:52.320
<v Speaker 1>So we're examining how we can enable some of these

0:16:52.360 --> 0:16:55.400
<v Speaker 1>new vehicles to come to the market and be safely

0:16:55.400 --> 0:16:58.520
<v Speaker 1>adopted onto our roads across the UK Okay, so hopefully

0:16:58.560 --> 0:17:03.320
<v Speaker 1>they make a different and send those shorthaul last miles traveled. Well.

0:17:03.360 --> 0:17:07.119
<v Speaker 1>So yeah, let's go back to emissions and some of

0:17:07.119 --> 0:17:09.440
<v Speaker 1>the other ways that the Department of Transportation may be

0:17:09.520 --> 0:17:12.680
<v Speaker 1>thinking of incubating new ideas. I think we know where

0:17:12.720 --> 0:17:15.080
<v Speaker 1>we need to get to, but it's not entirely clear

0:17:15.640 --> 0:17:17.480
<v Speaker 1>how we're going to get there, and we're going to

0:17:17.600 --> 0:17:20.960
<v Speaker 1>need to run some experiments and take some chances. What

0:17:21.240 --> 0:17:25.040
<v Speaker 1>are some areas where you think we maybe aren't even

0:17:25.080 --> 0:17:28.440
<v Speaker 1>yet but could be collecting data and taking a few

0:17:28.440 --> 0:17:32.760
<v Speaker 1>more experiments to really push innovation. We recognize that we

0:17:32.840 --> 0:17:35.520
<v Speaker 1>do have, you know, a lot to work through in

0:17:35.640 --> 0:17:38.000
<v Speaker 1>order to reach this target. What we've been doing is

0:17:38.000 --> 0:17:40.600
<v Speaker 1>working across the whole department Transport, introducing what we've called

0:17:40.640 --> 0:17:44.240
<v Speaker 1>the Transport Decarbonization Plan. That's been a very significant piece

0:17:44.240 --> 0:17:46.720
<v Speaker 1>of work over the summer months. We will be publishing

0:17:46.800 --> 0:17:48.560
<v Speaker 1>that plan actually before the end of the year, and

0:17:48.600 --> 0:17:50.879
<v Speaker 1>that's where you will see a lot more specifics around

0:17:51.040 --> 0:17:53.600
<v Speaker 1>how we intend to get there, what is the pathway,

0:17:53.920 --> 0:17:56.320
<v Speaker 1>Where where are we going to change our policy in

0:17:56.400 --> 0:17:59.919
<v Speaker 1>or to decarbonize various sectors. But I think to your question,

0:18:00.000 --> 0:18:02.240
<v Speaker 1>and I think for me, one of the key focuses

0:18:02.359 --> 0:18:06.159
<v Speaker 1>is obviously touching on the infrastructure feed that we've already mentioned.

0:18:06.440 --> 0:18:09.479
<v Speaker 1>I think the whole error of freight is huge, and

0:18:09.520 --> 0:18:11.840
<v Speaker 1>that's not just heavy freight, but it's also you mentioned

0:18:11.880 --> 0:18:14.040
<v Speaker 1>the last mile, it's the last mile deliveries, it's the

0:18:14.119 --> 0:18:17.680
<v Speaker 1>smaller freight deliveries that are taking place now while people

0:18:17.680 --> 0:18:20.680
<v Speaker 1>are working from home. I think we can actually really

0:18:20.720 --> 0:18:23.840
<v Speaker 1>accelerate the work around this sort of zero emission automated

0:18:23.880 --> 0:18:26.800
<v Speaker 1>logistics side of things. Data will be key for that.

0:18:27.359 --> 0:18:29.159
<v Speaker 1>It's how do we gather the data, how do we

0:18:29.240 --> 0:18:31.480
<v Speaker 1>use it really in a really smart way to figure

0:18:31.480 --> 0:18:34.760
<v Speaker 1>out where are people actually, where the demand is, where

0:18:34.800 --> 0:18:36.840
<v Speaker 1>the where the supply is, how we can bring that

0:18:36.920 --> 0:18:39.080
<v Speaker 1>together and cut down on a lot of sort of

0:18:39.119 --> 0:18:42.439
<v Speaker 1>unnecessary driving around and also free up space on the

0:18:42.480 --> 0:18:45.119
<v Speaker 1>streets for some of the you know, the micromeability vehicles

0:18:45.200 --> 0:18:47.359
<v Speaker 1>that we've essentially talked about. I mean, there are the

0:18:47.440 --> 0:18:50.560
<v Speaker 1>things that kind of happen behind the curtain, so to speak,

0:18:50.600 --> 0:18:53.480
<v Speaker 1>and then the things that really are part of everybody's

0:18:53.520 --> 0:18:56.040
<v Speaker 1>lives and and really behavior change. So what do you

0:18:56.080 --> 0:18:57.919
<v Speaker 1>think the main things that are going to meet to

0:18:58.000 --> 0:19:01.919
<v Speaker 1>be done in order to encourag behavior change? And I

0:19:02.000 --> 0:19:04.879
<v Speaker 1>think the Transport Decorganization Plan is meant to be a

0:19:04.880 --> 0:19:08.439
<v Speaker 1>part of get behavior change is absolutely vital. And we

0:19:08.520 --> 0:19:10.560
<v Speaker 1>know that government's got a really big job there in

0:19:10.680 --> 0:19:13.399
<v Speaker 1>terms of giving people that confidence that there is going

0:19:13.440 --> 0:19:15.720
<v Speaker 1>to be an electric big charge points at their destination

0:19:15.760 --> 0:19:18.080
<v Speaker 1>for example. So you know, we work hand in hand

0:19:18.119 --> 0:19:20.720
<v Speaker 1>with with the providers. But I think it also comes

0:19:20.720 --> 0:19:23.280
<v Speaker 1>down to really simple things like, for example, if if

0:19:23.320 --> 0:19:24.760
<v Speaker 1>you know that it's going to be easy for you

0:19:24.800 --> 0:19:27.200
<v Speaker 1>to put your bike on a train, or if you

0:19:27.200 --> 0:19:29.400
<v Speaker 1>you know if it's really easy for you to actually

0:19:29.880 --> 0:19:33.240
<v Speaker 1>charge your electric vehicle at home. So there's issues around

0:19:33.320 --> 0:19:36.080
<v Speaker 1>for people who don't happen to live you know, someone

0:19:36.080 --> 0:19:38.640
<v Speaker 1>where the drive. So we have to tackle those sorts

0:19:38.640 --> 0:19:41.200
<v Speaker 1>of problems as well. We have to remove those barriers

0:19:41.200 --> 0:19:45.200
<v Speaker 1>of people. But but we do know that we're we're

0:19:45.200 --> 0:19:48.359
<v Speaker 1>a social race, you know not, So we're we're are

0:19:48.440 --> 0:19:51.560
<v Speaker 1>social beings, aren't we. So we are very much influenced

0:19:51.560 --> 0:19:54.800
<v Speaker 1>by what people around us are doing. So we believe

0:19:54.840 --> 0:19:57.280
<v Speaker 1>that and behavioral science that we've done actually bears this

0:19:57.359 --> 0:19:59.840
<v Speaker 1>out that the more that we see other people like

0:20:00.200 --> 0:20:05.720
<v Speaker 1>us adopting zero zero emission falls of transport and enjoying

0:20:05.720 --> 0:20:07.800
<v Speaker 1>it and seeing the benefits, the more that we will

0:20:07.800 --> 0:20:10.719
<v Speaker 1>see that mass adoption. So it is very much about

0:20:11.000 --> 0:20:14.880
<v Speaker 1>normalizing it, removing the barriers, providing nose and centers where

0:20:14.880 --> 0:20:17.560
<v Speaker 1>they are appropriate and necessary, but just sending out the

0:20:17.600 --> 0:20:19.960
<v Speaker 1>message that this is not a sort of hard thing

0:20:20.000 --> 0:20:21.600
<v Speaker 1>to do. It's not an out there thing to do.

0:20:21.640 --> 0:20:23.359
<v Speaker 1>It's a normal part of life that you need to

0:20:23.440 --> 0:20:26.240
<v Speaker 1>drive an electric vehicle now or a hydrogen self vehicle

0:20:26.320 --> 0:20:28.439
<v Speaker 1>or whatever it will be in the future. People are

0:20:28.440 --> 0:20:29.840
<v Speaker 1>going to see us on their bikes and they're going

0:20:29.880 --> 0:20:32.680
<v Speaker 1>to want to help on a bake themselves, the bakes

0:20:35.160 --> 0:20:39.320
<v Speaker 1>so on. On the Transport Decarbonization Plan, you know, there

0:20:39.359 --> 0:20:42.640
<v Speaker 1>were already several strategies in place, and you've gone through

0:20:42.680 --> 0:20:45.800
<v Speaker 1>a bit on what the decarbonization plan and looks to address.

0:20:46.000 --> 0:20:48.439
<v Speaker 1>Are there any other things that it does that is,

0:20:48.760 --> 0:20:51.840
<v Speaker 1>you know, really additional on why it was so essentially

0:20:51.920 --> 0:20:54.480
<v Speaker 1>needed in order to take it the next step? Yeah.

0:20:54.600 --> 0:20:56.879
<v Speaker 1>I mean, look, the Department is already a leader in

0:20:57.119 --> 0:20:59.720
<v Speaker 1>R and D in investments and working with the transport

0:20:59.760 --> 0:21:02.960
<v Speaker 1>into street but we had not specifically addressed the net

0:21:03.040 --> 0:21:06.919
<v Speaker 1>zero by twenty fifty challenge because the target was I

0:21:06.960 --> 0:21:08.840
<v Speaker 1>forget what it was, sorry, but it was lower than

0:21:08.960 --> 0:21:11.639
<v Speaker 1>zero before we actually started this piece of work and

0:21:11.680 --> 0:21:15.240
<v Speaker 1>before this this particular government and Parliament came into office,

0:21:15.640 --> 0:21:17.679
<v Speaker 1>so we needed to look again at those challenges and

0:21:17.720 --> 0:21:19.800
<v Speaker 1>see where there were still gaps that we needed to

0:21:19.800 --> 0:21:22.879
<v Speaker 1>address in policy. I think the other point about it

0:21:22.920 --> 0:21:24.480
<v Speaker 1>is that this is the first time that we've looked

0:21:24.520 --> 0:21:27.600
<v Speaker 1>across the whole system. So we haven't just looked at

0:21:27.680 --> 0:21:31.200
<v Speaker 1>buses and individual murdered transport. We haven't just looked at

0:21:31.400 --> 0:21:34.159
<v Speaker 1>shipping and maritime, in aviation. We've looked all of it

0:21:34.200 --> 0:21:40.080
<v Speaker 1>together because there are obviously interconnectivities with how you decarbonize

0:21:40.080 --> 0:21:43.400
<v Speaker 1>a particular area, for example, so we will not have

0:21:43.440 --> 0:21:46.040
<v Speaker 1>the same solution for every part of the UK. It's

0:21:46.080 --> 0:21:49.360
<v Speaker 1>really important that we think about local geographies, local issues.

0:21:49.680 --> 0:21:51.960
<v Speaker 1>You know what, what works in London is not working

0:21:52.040 --> 0:21:54.560
<v Speaker 1>my constituency and read it for example, for all sorts

0:21:54.600 --> 0:21:58.280
<v Speaker 1>of reasons. So it's very much about thinking about how

0:21:58.280 --> 0:22:01.800
<v Speaker 1>do we make these things work on the ground in reality. Well,

0:22:02.359 --> 0:22:04.800
<v Speaker 1>here's to making things work on the ground in reality,

0:22:05.000 --> 0:22:07.879
<v Speaker 1>Mr McClain, Thank you very much for joining us today

0:22:07.880 --> 0:22:10.840
<v Speaker 1>and sharing us your insights and your strategies. Thank you

0:22:10.920 --> 0:22:21.040
<v Speaker 1>very much for having me. Today's episode of Switched On

0:22:21.080 --> 0:22:24.320
<v Speaker 1>was edited by Rex Warner of Gray Stoak Media. Bloomberginia

0:22:24.520 --> 0:22:27.320
<v Speaker 1>is a service provided by Bloomberg Finance LP and its affiliates.

0:22:27.440 --> 0:22:30.120
<v Speaker 1>This recording does not constitute, nor should it be construed

0:22:30.160 --> 0:22:33.920
<v Speaker 1>as investment advice, investment recommendations, or a recommendation as to

0:22:34.160 --> 0:22:37.320
<v Speaker 1>an investment or other strategy. Bloomberginnia should not be considered

0:22:37.359 --> 0:22:40.360
<v Speaker 1>as information sufficient upon which to base an investment decision.

0:22:40.520 --> 0:22:43.880
<v Speaker 1>Neither Bloomberg Finance LP, nor any of its affiliates, makes

0:22:43.960 --> 0:22:47.240
<v Speaker 1>any representation or warranty as to the accuracy or completeness

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<v Speaker 1>of the information contained in this recording, and any liability

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<v Speaker 1>as a result of this recording. Its expressly disclaim