(2 years, 2 months ago)
Commons ChamberAs I have stated, the energy price guarantee does help businesses in a large measure. Also, I am not going to take lectures from the SNP about growth. In Scotland, for every year from 2010 to 2019, growth was lower than in the rest of the United Kingdom. I will not take any lessons about supporting business from the hon. Lady.
(2 years, 6 months ago)
Commons ChamberIn April, the Government published plans for accelerating renewable energy deployment in our British energy security strategy. Of course, that is very much at the centre of our strategy to ensure sustainability, affordability and security in the long term in our energy.
The hon. Member will know that issues relating to taxation are a matter for my right hon. Friend the Chancellor of the Exchequer. As far as the hon. Member’s windfall tax is concerned, I have always been opposed to such taxes on principle, and I continue to be opposed. I hope that this energy profits levy does not discourage investment; actually, it has features that do attract greater investment.
(3 years, 6 months ago)
Commons ChamberWe are providing support for the delivery of renewable energy projects within rural communities in England through the £10 million rural community energy fund programme.
I thank the Minister for that response. Does he agree that the production of electricity locally could help a great deal towards our net zero target? Will he also look at the situation in my constituency of Tewkesbury, where two rivers, the Avon and the Severn, join? The Severn would, I think, be particularly useful in producing electricity if we could get the schemes in place. Will he look at that and perhaps explore the possibilities?
My hon. Friend correctly observes that there are two major rivers in Tewkesbury, the Avon and the Severn—very beautiful rivers, I might add. As far as hydroelectric power on rivers is concerned, we would have to look at the hydraulics and the power that can be generated, but we clearly appreciate that there is potential there, and we want to explore any ideas that can bring those projects to fruition. Having said that, there is a limit to the capacity that such rivers can generate, unfortunately.
The hon. Gentleman is right to mention the ONS data, but he will appreciate that that is comparing quarter 1 this year with quarter 1 last year. [Interruption.] Of course it does. January was exceptionally bad—I fully admit that—because there was uncertainty about how the new deal would operate. Subsequent data from Q2 and from March was much better, The next quarter will have better results, and I am sure that quarters after that will show proportionate improvement. The Australian trade deal is a fundamental issue for us. If we cannot make a trade deal with a country that has shared legislation, shared history, and shared traditions, we will not get anywhere with any of these trade deals. I think this is an excellent opportunity for the UK.