Fracking Ban

Debate between Chris Kane and Brian Leishman

Tuesday 15th September 2026 Commons Chamber

[Brian Leishman (Alloa and Grangemouth) (Lab)]

It is 100 days until Christmas, Madam Deputy Speaker, and in the last 15 to 20 minutes we have just had a little glimpse into pantomime season.

Let me move on to business. Decades of Governments taking wrong political decisions have made climate change not just an environmental emergency, but a crisis rooted in social and economic inequality. Major oil and gas corporations made nearly $93 billion in profits in the second quarter of 2026. Saudi Aramco made $33 billion in net income. ExxonMobil made $14.5 billion in profit. Shell’s net income was just under $10 billion, and BP made quarterly profits of nearly $6 billion. This is an international oligarchy benefiting from war and conflict, holding Government and citizens hostage just so that record profits can be made. That rampant capitalism has created dire economic inequality and growing poverty, and it is ultimately leading to climate destruction.

Companies that want to frack care only about making profit and pursuing shareholder dividends; they certainly do not care about workers or communities. The need for a change in political direction could not be greater. Climate protection, environmental sustainability and the provision of a genuinely just transition for workers and communities all demand the restructuring of our economy. We absolutely do not need fracking; we need a green industrial revolution, and Grangemouth in my constituency is the ideal location to house it.

I am in complete agreement with the new Prime Minister’s diagnosis of the societal consequences of mass deindustrialisation and deregulation. We have seen working-class communities and ex-industrial heartlands decimated. I have been heartened in these last couple of weeks that the Prime Minister has made enthusiastic contributions at the Dispatch Box about a future for sustainable aviation fuel in Grangemouth.

[Chris Kane]

My hon. Friend makes a good point about renewables at Grangemouth. Does he agree that the regional economic potential of the Forth valley, which includes my constituency, has Grangemouth as a key component? It is huge. Fracking is not the future that Grangemouth, the Forth valley or the wider country wants or supports.

[Brian Leishman]

My hon. Friend and constituency neighbour is 100% correct. That is exactly the sort of action we all need at Grangemouth and in the wider Forth valley area, which he so ably represents.

Let me focus just on my community, which has been the victim of corporations amassing phenomenal wealth on the back of the talent and skill of workers. Those corporations then decide to move on, which means mass redundancies, and leave behind an asset-stripped community. I say to the Minister that our Labour Government have the chance to change that. Let us move away from fossil fuels and fracking and instead accelerate building the renewables industry in Grangemouth. Let us use state funds, such as the £200 million dedicated from the National Wealth Fund and set aside to finance the green industrial revolution. Quite frankly, that money has sat untouched for far too long.

We could do something amazing in Grangemouth. We could combine the pressing need of the environmental agenda that is upon us with providing genuine social justice. Now it is time for a little more socialism: the Government could take some form of ownership of these new industries, which is a popular policy among the general public. We could create new, green, well-paid, secure jobs, and apprenticeships that would transform the life chances of local young people. With public ownership, we could reinvest profits back into the local Grangemouth community, regenerating and re-energising life in the town and lifting living standards for generations to come. That is the sort of corporate social responsibility that has been so missing in recent times from Grangemouth industry.

I have said many times—and you have heard me say this many times, Madam Deputy Speaker—that Grangemouth is a blank canvas for us to build something truly special. The crucial question is: what kind of country do we want to live in? Is it one that continues to allow oligarchs and international capital to exploit people, place and planet, or do we use politics—our opportunity in government—to be bold and transformative? I say to the Minister: let us build Grangemouth for the future in the image of a Labour Government who want the best for workers and communities, let us make Grangemouth the example—the shining example—of what can be done and let us do it quickly.