Gas Prices and Energy Suppliers Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Alistair Carmichael
Main Page: Alistair Carmichael (Liberal Democrat - Orkney and Shetland)Department Debates - View all Alistair Carmichael's debates with the Department for Business, Energy and Industrial Strategy
Gas Prices and Energy Suppliers
Alistair Carmichael Excerpts(3 years, 2 months ago)
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Kwasi Kwarteng
My hon. Friend is quite right: we did a whole range of interventions to alleviate the burden on consumers and on businesses. Those were fiscal interventions that the Chancellor pursued last year, and I am sure that he is looking at a range of things this year, but that is a matter for him to decide ahead of the Budget.
Mr Alistair Carmichael (Orkney and Shetland) (LD)
What are the implications of the situation for the exploitation and extraction of gas within the UK continental shelf?
Kwasi Kwarteng
The right hon. Member will know that, in 2020, 48% of our natural gas came from the UK continental shelf, so that is clearly a strong, sustainable source of gas to this country. However, I suggest to him that gas is a transition fuel: in our pursuit of net zero by 2050, we want to transition away from it. That is why we are developing carbon capture and hydrogen, as he knows very well.