Space Industry (Indemnities) Bill

Debate between Cherilyn Mackrory and Chris Clarkson

2nd reading
Friday 23rd February 2024 Commons Chamber

[Chris Clarkson (Heywood and Middleton) (Con)]

It is a pleasure to follow my hon. Friend the Member for Truro and Falmouth (Cherilyn Mackrory). There are few more intrepid voyagers in this particular enterprise, defiant in the face of adversity but also on a voyage of discovery. She made an excellent speech and picked up on what the Bill is really about.

My hon. Friend rightly identified that this not just about putting big shiny things on rockets and firing them into the sky; it is about unlocking other important bits of the economy. My hon. Friend the Member for Wyre Forest (Mark Garnier) also made that point incredibly eloquently. We can go back to Adam Smith and see the cosmic threads, if you will. We are opening up new sectors for the UK economy and empowering our people.

I am delighted by the idea of space lawyers. I promised not to go around waving my LLB about, but that sounds awfully like the superhero name I would end up giving myself. I am really excited about this. I am a member of the Science, Innovation and Technology Committee, so I was very pleased to hear my hon. Friend the Member for Woking (Mr Lord) mention our report. A lot of love went into it—we enjoyed ourselves a bit too much, I am not going to deny it!

I find this entire sector incredibly fascinating and extremely exciting, not just because of the aforementioned geekery but because of its potential. I think about kids in my constituency who are now being exposed to opportunities and new horizons that simply were not on the radar of young people even five or six years ago. Apprentices in my patch are talking about working in this area. Some have gone to work for Airbus, which is doing fantastic things with satellites. I recently went to its Stevenage factory as part of my Industry and Parliament Trust fellowship, which is in space and aerospace. One thing it purports to be doing is transferring energy from space, which will genuinely be a game changer. I was flabbergasted when that was explained to me.

To monitor climate change, satellites will tell us how much heat is transferring out of wood in forests, so we know whether rainforests need to be reforested and whether we are facing climate change at 1.5° or 2°. That is mind-bendingly brilliant stuff, and it is now available to kids who, five or six years ago, might have been told, “Right, once you finish school, you either go work in the JJB Sports factory down the road or in a shop.” It is exciting, fantastically valuable and hugely important for things like our financial sector. Greater Manchester has a fairly sizable financial sector, which is great for us. We also have a large legal sector—I know because I used to work in it. I would love to be a space lawyer. Let’s see how the rest of the year goes; I might need to become one.

Ultimately, the Bill is about empowering us. The other thing I love about it—again, I promise not to wave my LLB about too much—is its simplicity and elegance. It is that Coltrane sax solo: so simple that it is brilliant. Changing a word effectively empowers us to do so much more. The power of that is inestimable. That is why it was part of the report that the Science, Innovation and Technology Committee put out.

At the moment, we are disincentivising people from innovating, and that is not what we should be about. We are saying instead that people should go out and take risks, and we will ensure that they can be rewarded. They will not be completely and utterly obliterated for having a go. Even if the second-stage fuel pump does not work, it will not be the end of the business. We need to be alive to that because we need risk takers, as we do in every sector. We need people who are willing to boldly go into the final frontier. [Interruption.] I have not finished yet. When I shout “House!” everyone will know that I have done them all. Fundamentally, this is about ensuring that Britain’s future is not just here on Earth, but in the stars, and we have every right to be there—as much as any other country.

[Cherilyn Mackrory]

I thank my hon. Friend for allowing me to intervene, especially given that I have just rambled on for who knows how long. One thing I did not mention that he might be interested in is the defence sector. Again, when I visited Goonhilly, there was a huge amount going on there. We talk about our maritime fleet being bothered by the Russians and the Chinese on a daily basis, but our satellites and space are as well. It is hugely important that we are at the forefront of this. Does he agree?

[Chris Clarkson]

My hon. Friend is entirely correct. Like me, she has been on the armed forces parliamentary scheme. I was restraining myself from mentioning Culdrose when she was giving her excellent speech, but of course I have now done it. Our defence sector is incredibly important. Again, we are making this stuff here at BAE Systems and Airbus, and defence manufacturers in this country create jobs and opportunities. That is hugely important, and I am absolutely delighted to support the Bill. I love its technical merits.

My hon. Friend the Member for Woking has played an absolute blinder in doing something quite sensible. I will give a lived example because, quite frankly, the Empire would not have been able to build the second Death Star if it had been on the hook for the price of the first one. My hon. Friend has stuck the landing. I congratulate him and look forward to supporting the Bill.