Mary Glindon
Main Page: Mary Glindon (Labour - Newcastle upon Tyne East and Wallsend)(9 years, 11 months ago)
Commons ChamberMy right hon. Friend is absolutely right. Green growth is a reality in the UK. Expanding low carbon is part of the Government’s long-term economic plan, and we want to ensure that others focus on that as well. That is why we established the green growth group at the EU and have sponsored the new climate economy study due to be launched later this month, ahead of the UN Secretary-General’s summit. That will send a message to Heads of State around the world that it is possible to go green and continue to prosper and develop.
T4. Maersk Oil will shortly begin the process of awarding major construction contracts for the exploitation of the Culzean field in the UK sector of the central North sea. Maersk will receive significant tax incentives from the UK Treasury, but what help and support is being given to UK fabricators to ensure that they can reasonably benefit from the development?
Having a joined-up strategy so that when there is further development in the UK continental shelf we ensure that the whole supply chain is in a position to benefit is an important part of our long-term economic plan—it was great to hear the Secretary of State talk about our long-term economic plan. It is undoubtedly important that, as has happened over many decades, the whole supply chain in the UK benefits from development and exploitation of our indigenous reserves.