Energy Price Freeze
Debate between Jim Hood and Ian Lavery
Mr Jim Hood (Lanark and Hamilton East) (Lab)
The Secretary of State apologised to the House at the beginning of his speech, saying that he would not be here for the summing-up speeches, and the House accepted that. I was rather disappointed, however, that he did not comply with the long-held convention of the House by staying in his place to hear the following speaker from the Opposition Benches. That was disappointing, to say the least, and I feel obliged to comment on it.
I was once told that if someone stands by the side of a river and watches the logs go down, like the tide of mankind, they will see them float back again if they stand there long enough. I was reminded of that when I watched the energy company executives giving evidence to the Energy and Climate Change Committee last week. That exotic gathering of four had in its midst three representatives of the big six. Their evidence mimicked the three wise monkeys. They saw no evil in the hiking of energy prices, they did not hear the universal condemnation of their greed, and they spoke in glowing terms of their care and compassion while British consumers are suffering charges that have been fabricated by their rigging of the market.
I served on the Standing Committee of the Bill that privatised the electricity industry. I recall that the Secretary of State at the time was Mrs Thatcher’s favourite boy, Cecil Parkinson. He was followed by John Wakeham. I note that there is a private Member’s Bill relating to the legacy of Mrs Thatcher. Well, the things we are discussing today are her legacy. I remember another former Conservative Prime Minister, Harold Macmillan—by then the Earl of Stockton—accusing the Thatcher Government of selling the family silver. That is exactly what they did when they sold off the electricity, gas, coal and water industries, and we are in deep water today because of that legacy.
In my maiden speech, I recalled being a miner, and quoted Nye Bevan saying:
“This island is made mainly of coal and surrounded by fish. Only an organising genius could produce a shortage of coal and fish at the same time.”
The Tories, past and present, were and are such organising geniuses.
Ian Lavery (Wansbeck) (Lab)
Is my hon. Friend and fellow former miner aware that it was announced on Tuesday that 48% of the UK’s energy is generated by coal?
Mr Hood
Yes. Indeed, half the world’s energy is produced by coal.
We are an island people and, in my younger life when I was a miner, we were self-sufficient in energy. It is thanks to Government failures that we now have to go cap in hand to the Russians for gas, to the Chinese for coal—they are now buying up coal all over the world—and the French for nuclear-generated electricity.