Shale Gas Extraction

Helen Morgan Excerpts
Thursday 22nd September 2022

(2 years, 2 months ago)

Commons Chamber
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Jacob Rees-Mogg Portrait Mr Rees-Mogg
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I am very grateful: my hon. Friend makes exactly the right point, both ways around. This is in the national interest and will make the country richer, but it is absolutely right that those affected should be rewarded. To my mind, that means direct financial reward, not a theoretical one. The last time that we discussed fracking, the idea was that communities would be delighted if they got £10 for the village hall. I do not think that is the right way to do it. This needs to be direct, to the individuals who are affected. I have had preliminary discussions with my right hon. Friend the Chancellor, but I do not have a formal thing to announce.

Helen Morgan Portrait Helen Morgan (North Shropshire) (LD)
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Residents in the northern part of my constituency are rightly concerned about the impact of tremors on their often older buildings, and they are worried about the impact of the extraction of coal bed methane through fracking on their rural way of life. Will the Secretary of State explain in detail—he has not so far—exactly the mechanism through which communities will be able to refuse consent for coal bed extraction and shale gas fracking? Compensation is not consent.

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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Compensation and consent become two sides of the same coin. People will be able to negotiate the level of compensation and it will be a matter for the companies to try and ensure widespread consent by offering a compensation package that is attractive. [Interruption.] Opposition Members howl and wail about this because, actually, we are trying to use market forces. It is amazing—a Conservative Government using market forces!