(12 years, 8 months ago)
Commons ChamberDoes the Secretary of State share my pleasure in the fact that the Daylight Savings Bill will finally reach its Committee stage next week, and does he agree that it makes sense for us to align our lives more with daylight hours? That will support tourism, help business and reduce carbon emissions.
I am certainly interested to see the Bill’s progress, and I look forward to the full consultations with all interested parties, including the devolved Administrations, which might allow us to come to a satisfactory conclusion.
The hon. Gentleman raises an important point that we are very aware of and have been devoting a lot of attention to in the Department. We had our own problems in this country with Piper Alpha at the end of the 1980s. In response to that, substantial changes were made in the regulatory regime which meant that there were no conflicts of interest of the sort that have existed in the American regime, and the US Administration are taking on board some of those lessons. We have tightened up the regime, which we want to be as effective as possible, and we will learn the lessons as they come out from the various inquiries into what happened with Deepwater Horizon. I assure the hon. Gentleman that we will also be in close discussions with our Norwegian counterparts; we are already doing so at an official level. Last week in the US, at the clean energy ministerial meeting, I had some interesting discussions with my Norwegian counterpart on learning the best lessons from what has gone on in the Gulf of Mexico to ensure that we have an absolutely state-of-the-art regulatory regime, as I assure the hon. Gentleman we will.
My right hon. Friend has made it clear that there is no public money for the mature nuclear energy markets, but I presume that that means nuclear fission, not nuclear fusion. May I encourage him to consider the latter technology? It has always been said that it is 20 years away, but we are now talking about a 2050 energy pathway, which will take us beyond 20 years. May I encourage public spending on this area such as that we have seen in Oxfordshire?
As my hon. Friend says, the technology has been held out as having enormous promise for many years. It would be absolutely marvellous, as I think everybody can agree, if we were able to move to new nuclear fusion, which has all sorts of fantastic advantages. I will await with interest the briefing from my excellent chief scientist on the practicalities of incorporating it within a 2050 pathways review.