Anne Begg
Main Page: Anne Begg (Labour - Aberdeen South)(14 years, 3 months ago)
Commons ChamberMy hon. Friend has a great knowledge of these issues. We are looking at those sorts of solutions to the problems and challenges that we face. It is critical that we find long-term, robust approaches, but in that respect, it is also important to have a mix of energy solutions within the portfolio. Fuels from our own natural resources can contribute to, and greatly enhance, our energy security.
I was pleased to hear that gas is part of the future of Britain’s energy supply, but that runs contrary to a document published by the Department in July this year, “2050 Pathways Analysis”. The document looks at UK energy demands in 2050, but gas does not feature. Will the Minister look into that and have a rethink on what role gas will play in our future energy supply?
The 2050 document looked at a range of scenarios and energy mixes. However, let me reassure the hon. Lady that the Economic Secretary to the Treasury and I were in Aberdeen on Monday to talk to the industry—I think that that was the first such meeting involving both Treasury and Energy and Climate Change Ministers—to identify the long-term investment issues that are critical for the sector. It is absolutely in the national interest to develop the best possible resource return from our assets in the North sea.
I am happy to tell my hon. Friend that we are gripping that agenda, and that we have replaced the singular lack of ambition that radiated across Whitehall under the last Government with a commitment to 10% reductions in our energy consumption within our first year in Government. We were told when we came into office that it could not be done, but good progress is already being made. The matter is gripping the Prime Minister, and we will report to the Cabinet on it within weeks.
T6. The Secretary of State has mentioned the green investment bank, but what progress has been made in establishing it?