Oral Answers to Questions

Joshua Reynolds Excerpts
Tuesday 7th July 2026

(1 month ago)

Commons Chamber
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Michael Shanks Portrait Michael Shanks
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I suspect that in the coming days England fans will learn a lot from Norway in something else. On the serious point that the hon. Member raises, we should first recognise that Norway took a different approach to extraction from the North sea 60 years ago, and it has continued to do that over its 60 years of extraction from the North sea. Secondly, we are not turning off the taps in the North sea. We have said that we will introduce transitional energy certificates to allow new production tied back to existing fields.

Joshua Reynolds Portrait Mr Joshua Reynolds (Maidenhead) (LD)
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Business energy costs are a significant barrier, holding British business back from being competitive on the world stage. Has the Secretary of State done any analysis of the potential GDP growth from reducing business energy costs and getting British businesses moving?