Kirsty Blackman
Main Page: Kirsty Blackman (Scottish National Party - Aberdeen North)
Amber Rudd
My hon. Friend is entirely right to focus on that older group, who sometimes are more resistant to switching. I thank him for the help he has given through his work with the Behavioural Insights Team and the Department on ways to encourage more elderly people to switch supplier through our communications to those eligible for winter fuel payments. The Competition and Markets Authority made proposals just last week that are designed to encourage all consumers to switch, including those over 65. The Government have committed to appropriate implementation of the recommendations, following publication of this report in full.
Kirsty Blackman (Aberdeen North) (SNP)
15. What steps she is taking to support oil and gas exploration and development.
The Minister of State, Department of Energy and Climate Change (Andrea Leadsom)
Last week, the Chancellor announced a £1 billion fiscal package to reduce the additional taxes historically imposed on the North sea as well as to introduce targeted measures to encourage investment in exploration, infrastructure and late-life assets. That builds on the Prime Minister’s January announcement of a £20 million package of new investment in exploration, innovation and skills; a new interministerial group; and funding for the £250 million Aberdeen city region deal.
Kirsty Blackman
I appreciate the Minister’s answer. Oil & Gas UK, the industry body, has said that we need a fourfold increase in exploration to ensure that the 20 billion barrels that are still there are recoverable. The extra funding for the seismic surveys has been most welcome and we appreciate it. Will the Minister expand a little on what other action the UK Government will take to increase the confidence in the industry and to encourage further exploration?
Andrea Leadsom
The industry is vital for the UK, and we will continue to support it in every way we can. I have already mentioned some of the measures. Perhaps I will just reiterate that, in setting up the Oil and Gas Authority on Sir Ian Wood’s recommendations, we are establishing an authority that is welcome by the industry, that will improve the economic recovery of the sector, and that will ensure that we do not move to early decommissioning, which is all very good news for the North sea sector.