UK Energy Costs Debate

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Department: Cabinet Office
Thursday 8th September 2022

(2 years, 2 months ago)

Commons Chamber
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Elizabeth Truss Portrait The Prime Minister
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I do agree with the right hon. Gentleman and I am coming to the point about shale gas in a minute. I can assure him that this policy will apply in Northern Ireland and those benefits will be open to the people of Northern Ireland, as part of the United Kingdom.

As well as the action that I am announcing today, we will use these two years ahead of us to make sure that the United Kingdom is never in this situation again. I will be launching two reviews. The first is a review of energy regulation to fix the underlying problems. We want a new approach that will address supply and affordability for the long term. Secondly, we will conduct a review to ensure we deliver net zero by 2050 in a way that is pro-business and pro-growth. That review will be led by my right hon. Friend the Member for Kingswood (Chris Skidmore).

Alberto Costa Portrait Alberto Costa (South Leicestershire) (Con)
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First, on behalf of the people of South Leicestershire, may I welcome my right hon. Friend to her role? She mentions Putin. The measures she is announcing today are incredibly welcome for my constituents and all our constituents, in order to protect in particular the poorest and most vulnerable in society, but will she give an assurance today that her Government will continue to stand firm against the appalling and brutal actions of Putin and his thuggish regime? Will she tell the British people honestly that we are in for a difficult winter, notwithstanding the challenges that face us?

Elizabeth Truss Portrait The Prime Minister
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My hon. Friend is right: the reason we are in this difficult situation is Putin’s appalling war in Ukraine. But we do need to make sure that our energy supplies are more resilient and secure, so that we are never in this situation again and so that we cannot be subject to global energy prices and the actions of dictators.

We are delivering a stable environment that gives investors the confidence to back gas as part of our transition to net zero. It is vital that we take steps to increase our domestic energy supply.

--- Later in debate ---
Baroness May of Maidenhead Portrait Mrs May
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I think the public sector will be very pleased to hear that the Government have taken their concerns on board and are providing support for them.

There is another step that the Government need to take: they should look at building regulations. We are still building homes with gas boilers. Does it not make sense to change the regulations? Those gas homes will have to be retrofitted in just a few years’ time, so surely it is more cost-effective to take action now.

Alberto Costa Portrait Alberto Costa
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I am very—

Lindsay Hoyle Portrait Mr Speaker
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Order. The hon. Gentleman has had one intervention. What I am bothered about is that there are a lot of people who want to get in. I do not want to stifle the debate, but I do want to make sure that everybody gets a voice.