David T C Davies
Main Page: David T C Davies (Conservative - Monmouth)(10 years, 11 months ago)
Commons ChamberIt is important both that we have generating capacity, preferably domestically based, and that we increase our storage capacity for various forms, including gas. Of course, Ministers are also custodians and have to stand up for the consumer. If a company makes a costly proposal that will be reflected on people’s bills, Ministers have to take a view on whether that is the right or wrong thing to do. I hope that we get back to that debate and provide more storage.
I agree with much of what my hon. Friend says. Does he agree that one of the problems is that, unfortunately, Ministers and shadow Ministers have all been too quick to accept the arguments of the powerful green lobby about CO2 causing global warming, which clearly has not been the case for the past 15 years? Does he agree that we should now prioritise cheap, secure energy for our manufacturing industry, whether from coal, gas or any other means?
Clearly, policy has to have a proper balance. There is a role for renewables and trying to provide the cleanest possible energy, and the Government have policies to ensure that. However, I return to my essential point, which is that we now have policies that are driving out older capacity—it might be less efficient or dirtier capacity—but we are yet to put in place the new, clean, gleaming capacity to produce for the future. If we are not careful, whoever forms the next Government—I hope that we will—will find themselves with a very real problem. I do not want the Chancellor of the Exchequer standing at the Dispatch Box talking not about tax or how the economy will grow, but about the constraints caused by our not investing in providing power for a growing and successful future economy.
I listened carefully to the Opposition spokesman; I just think that Lords amendment 105 is not appropriate. I return to my central point: we need to sweat our assets and keep them going until we are sure that we have the capacity to keep the lights on.