Lincoln Jopp
Main Page: Lincoln Jopp (Conservative - Spelthorne)Department Debates - View all Lincoln Jopp's debates with the Department for Business and Trade
(3 days, 22 hours ago)
Commons ChamberI welcome my hon. Friend�s question. What GE Vernova is doing and the jobs it is providing are incredibly important for her community. We will continue to encourage growth in that sector and beyond through our industrial strategy with its eight sector plans, one of which is clean energy. These things are all connected. We can grow the economy and deliver clean energy, and we can do it together.
BP�s global headquarters are in my constituency. As the Minister meets industry �all the time�, to use her words, she will be fully aware that it announced a major reset last month, whereby it is increasing its investment in upstream oil and gas to the tune of $10 billion a year from next year. That is investors� money, not taxpayers� money. Is the Minister not concerned that by making Britain a hostile environment for oil and gas extraction, we are simply kissing away that investment to overseas?