Duncan Hames
Main Page: Duncan Hames (Liberal Democrat - Chippenham)Department Debates - View all Duncan Hames's debates with the Cabinet Office
(11 years, 6 months ago)
Commons ChamberI have some good news for the hon. Gentleman: because of the lead we have taken at the G8 and the new changes in the European Union, the Crown dependencies and overseas territories have all agreed to share proper tax information with the UK. That is quite an important breakthrough in ensuring that we have a fairer tax system.
No doubt the Prime Minister intends the exploitation of European shale gas reserves to replace our dependency on imports of liquefied natural gas from unpredictable parts of the world. How does he propose to stop it crowding out investment in domestic sources of energy, notably renewables, which result in far fewer carbon emissions?
I am not a protectionist; I do not believe that the aim of policy should be to cut off the access that Britain has to liquefied natural gas, whether it is coming from Qatar or anywhere else. What we want is a competitive energy market where consumers can benefit from competition and low prices, but we also want security of supply. That is why it makes sense to look at shale gas, as well as imported gas, gas from the North sea, and the renewable technologies. We should be open to all these technologies, rather than simply trying to pick winners.