Gerald Jones
Main Page: Gerald Jones (Labour - Merthyr Tydfil and Rhymney)Department Debates - View all Gerald Jones's debates with the Wales Office
(11 months, 1 week ago)
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Gerald Jones (Merthyr Tydfil and Rhymney) (Lab)
As fuel poverty runs rampant and families right across Wales are struggling, does the Secretary of State not realise how appalling it looks that Shell is making £61,000 a minute? When will his Government get a grip, close the loopholes worth billions and extend the windfall tax?
David T. C. Davies
The hon. Gentleman should be aware that the Government have extended the windfall tax and are charging very high levels of tax—indeed, about three times the usual level—on companies taking oil out of the North sea. It is extraordinary that those who call for a windfall tax on energy companies do not recognise that we are already levying it and do not want to support the Government in allowing more oil and gas to be exploited from the North sea, which will enable us to raise even more in taxation.
Gerald Jones
Tory Ministers seem to think that the energy crisis is all over. I am not sure when the Secretary of State last struggled to pay an energy bill, but bills are still almost double what they were before the crisis began, and the Tory Government have scrapped vital support. Does the Secretary of State agree that the way to get energy bills down for good is to back Labour’s policy to retrofit 19 million homes and reach 100% clean power by 2030?
David T. C. Davies
I have no idea who would be paying for the hon. Gentleman’s proposals—no doubt they are among the many things that will be paid for using the same tax about half a dozen times. He will no doubt be pleased that today inflation is down yet again, and the Government are well on course for achieving their target of cutting inflation by half as well as growing the economy.