Oral Answers to Questions

Debate between Matthew Pennycook and Kwasi Kwarteng

Tuesday 16th November 2021 Commons Chamber

[Kwasi Kwarteng]

Perhaps to the surprise of the House, I can confirm that I am always delighted to visit my hon. Friend. I have done so on many occasions and I look forward to doing so whenever he wants and whenever my diary permits.

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

In a speech last month to the Energy UK conference, the Secretary of State made the case for a decisive shift towards clean energy and away from what he termed “volatile fossil fuels”, on which he said

“we are still very dependent, perhaps too dependent”.

Will he therefore explain how a decision by the Government to permit Cambo, an oilfield whose anticipated lifespan would see it still producing oil four years before we are legally bound to reach net zero, would be anything other than fundamentally at odds with that vision?

[Kwasi Kwarteng]

The hon. Gentleman will understand that the licences under which Cambo was permitted were actually granted when his own party was in government. He will also appreciate that I have always said that there will be a transition. He and his Labour associates want to shut down the industry and cause mass unemployment among the 250,000 people in this country who work in the sector.

Oral Answers to Questions

Debate between Matthew Pennycook and Kwasi Kwarteng

Tuesday 25th May 2021 Commons Chamber

[Kwasi Kwarteng]

With regard to TRID, the hon. Lady will know that the consultation on that closes tomorrow. I would urge all interested parties to feed into that consultation so that we can reach a good decision. She knows that I am on record as having committed to a strategic presence of steel in the UK . I think that is vital and as Secretary of State I will always promote it within Government.

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

The crisis at Liberty Steel is yet further evidence of the need to break the cycle of crisis management that has defined the approach of successive Governments to this critical sector. The Secretary of State knows full well that there is a global race under way to green the steel industry and that our country is currently at the back of the pack, with no concrete plans for trialling hydrogen-based primary production and only vague plans for a single carbon capture-based project. With its long-term survival at stake, can he explain why the Government believe that the UK steel industry can afford to wait a further two years for the limited clean steel fund to even begin distributing investment?

[Kwasi Kwarteng]

I completely reject the basis of the hon. Gentleman’s remarks. The idea that we are at the back of the pack in decarbonisation is complete nonsense. We are the first country in the G7 to have come up with an industrial decarbonisation strategy. He and his Labour colleagues were saying, “Secretary of State, why don’t you nationalise Liberty? Why don’t you give Mr Gupta £170 million?”, and we made absolutely the right call. We showed judgment and restraint. Going forward, he will appreciate that I was the Secretary of State who resuscitated the Steel Council. We have had constructive conversations across unions and employers to work out a decarbonised future for the industry.

Oral Answers to Questions

Debate between Matthew Pennycook and Kwasi Kwarteng

Tuesday 10th November 2020 Commons Chamber

[Kwasi Kwarteng]

My hon. Friend, as he often does, raises a pertinent question relating to our energy strategy. Obviously, carbon pricing is at the centre of any move to try to decarbonise our energy mix. We have a track record on this, and we have also committed to 40 GW of offshore wind by 2030, which, through the auction process, is critical to delivering our net zero ambitions.

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

If we are to sustain public support for the goal of net zero, it is essential that we maximise the benefits of the green transition here at home, but there are far too many examples where the promise of that green transition risks not being realised. One such case is the plight of the BiFab engineering yards in Fife and Lewis, which represents a clear failure to utilise industrial strategy to ensure that British firms win work and sustain decent jobs from the billions of pounds being invested in offshore wind installations just a few miles off the Scottish coast. Citing state aid rules, the SNP Scottish Government appear content to sit back and let the steel jackets in question be manufactured overseas. Can the Minister give a commitment today that the UK Government will step in and safeguard the future of mounting fabrication in the UK and these vital 450 Scottish jobs?

[Kwasi Kwarteng]

The hon. Gentleman will know that we are absolutely committed to maintaining a UK supply chain for the extra deployment of offshore wind that I alluded to earlier. With regard to this specific issue, we are in conversations with counterparts in Scotland and also speaking to people in the company.

Oral Answers to Questions

Debate between Matthew Pennycook and Kwasi Kwarteng

Tuesday 29th September 2020 Commons Chamber

[Kwasi Kwarteng]

We do have extensive plans. We have further plans for decarbonising freight that will form part of the transport decarbonisation plan, which we expect to publish later this year. We work constantly with other Departments to ensure that we can reach our net zero targets. My hon. Friend is quite right to emphasise, in particular, the role that transport plays in carbon emissions.

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

If we want business to play its full part in reducing emissions and to finance the innovation and infrastructure critical to the transition to a low-carbon economy, the Government need to address the very real barriers to private investment. One obvious way to do so is through a national investment bank with a clear mandate to channel both public and private capital towards projects that aid a green recovery and help the country to achieve its net zero target. Does the Minister’s Department as a whole support the establishment of such a bank, and if so, will he update the House on what progress has been made in convincing his colleagues in the Treasury to get behind the proposal?

[Kwasi Kwarteng]

It is no secret that there is plenty of discussion about a national infrastructure bank. The Green Investment Bank, which was set up in 2015, was successful, and this is something that we are constantly in conversations about.

Oral Answers to Questions

Debate between Matthew Pennycook and Kwasi Kwarteng

Tuesday 16th June 2020 Commons Chamber

[Kwasi Kwarteng]

I am grateful to my hon. Friend for that question. New nuclear obviously has an important part to play in reducing greenhouse gas emissions. We are investing in new nuclear. On Wylfa, I am afraid, I cannot comment on the merits of the site, given that the Secretary of State is currently considering a development consent application. That said, there are a number of potentially good sites around the entire United Kingdom.

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

The COP26 summit, now rescheduled for November 2021, will be a critical moment in a fight against runaway global heating. We all have a stake in ensuring that it is a success. Building momentum for that summit and establishing our credibility as its host is dependent on demonstrable leadership at home. In that regard, does the Minister agree that there is a strong case for publishing our nationally determined contribution before the end of 2020, and an arguable case for basing that NDC on a significantly enhanced 2030 target that puts us on the path to achieving net zero?

[Kwasi Kwarteng]

My right hon. Friend the Secretary of State is, of course, president of the COP26. He is committed to publishing very rigorous and ambitious targets for ourselves. As I responded to my hon. Friend the Member for Ynys Môn (Virginia Crosbie), we are second to none in our commitment—our legislation—in terms of dealing with climate change. We have legislation that is very clear and sets the path.