Oil and Gas
Debate between Mike Martin and Andrew Bowie(1 week ago)
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Andrew Bowie
I am equally a fan of the hon. Member’s work, but I would like to make this very clear: it is not that we would have joined the war ongoing in the middle east; it is that we would not have left British bases and British assets undefended in the way that this Government shamefully did by removing assets from the region when we knew very well what was coming round the corner.
One thousand high-skilled, high-paid jobs are being lost every single month, and this is personal. I have the immense privilege of living in and representing the north-east of Scotland. To me, these jobs are not figures on a spreadsheet, as they are to Labour MPs. They are my constituents, neighbours, friends and family. The callousness and disregard with which the Labour party is treating that region and these people at the minute will not be forgotten.
The Labour party refuses to acknowledge it, but it is real and it is happening—and at frightening speed. People are, right now, having to make a terrible choice: either they hang around in the north-east of Scotland awaiting the long-promised yet never-delivered renewable jobs boom, which always seems to be just around the corner and which pays far less, or they leave their homes, communities and families and move overseas. Many, indeed most, are choosing the latter. They are leaving the country altogether, taking their families and, crucially, their skills out of the United Kingdom to countries that have Governments who are awake to the reality and who support their domestic oil and gas industries—to places like Houston, Riyadh, Calgary or Stavanger.
In Stavanger they are drilling right now in the very same sea that we could be drilling in, only to sell it back to us. It is utterly perverse. Workers in Aberdeen are going to any country with an oil and gas industry in which the eco-extremism that the Secretary of State is so enthralled by is not found in government. That, by the way, is every other country in the world where there is a domestic oil and gas industry.
It used to be said that in every country in the world where there is oil and gas, you can find an Aberdonian accent. It turns out that soon, the only place where you will not be able to find an Aberdonian oil worker is, in fact, Aberdeen. There has been a steady beat of job losses every single month since Labour entered government—from BP, Hunting, Harbour Energy, Chevron, Well-Safe, Petrofac, and Ithaca Energy.
Labour MPs talk about what we did in government, but during the 2014-15 energy price shock, when jobs were sadly lost in the north-east of Scotland, we commissioned Ian Wood to produce a review into the future of the North sea. We implemented a policy of maximum economic recovery from the North sea. We reduced taxes on our domestic oil and gas industry, and we stabilised the workforce in our last six years. During our time in government, we made the North sea the most investable basin in the world. What are the Labour Government doing? The exact opposite. They are seeing job losses and investment turn away. They are surrendering this country to the whims of dictators overseas.
I could go on about the job losses. All the companies I mentioned have had operations in this country for many years, and when they are not cutting jobs they are consolidating their operations. I therefore welcome the recent intervention from the hon. Member for Mid and South Pembrokeshire (Henry Tufnell) in calling for an end to the Government’s war on the North sea. We can add his name to the ever growing list of people and organisations calling on the Government to change course: the GMB, Unite, Tony Blair, Octopus’s Greg Jackson, Great British Energy’s own Juergen Maier, who was appointed by the Secretary of State, and RenewableUK. Why are all those people wrong and only the Secretary of State right?
Andrew Bowie
I will not because of time.
Notably, that list does not include one Scottish Labour MP. Indeed, some Scottish Labour MPs are actively campaigning to stop any production at all, with two of their number signing a letter asking the Secretary of State to block the Rosebank oilfield. For a moment, let us entertain the idea that clean power 2030 is not ridiculous and utterly undeliverable. Who does the Minister think will deliver it? The people with the skills needed for floating offshore wind are leaving in their thousands, and the assets to deploy those new technologies are moving overseas. Who does the Minister think will invest in the transition?
The Port of Aberdeen has recently invested in a new harbour to accommodate the long-promised boom in floating offshore wind, but there are no new turbines going out to sea today, the quayside has no blades waiting and the port is laying off staff because 60% of its revenue still comes from oil and gas; only 1% comes from renewables.
We could change course. I hope that Labour Members who represent Scottish constituents have paid close attention, and I hope they have thought about whose side they are on. Labour MPs have an opportunity to join us in the voting Lobby and demonstrate clearly whose side they are on. Are they on the side of British workers, our industry, our security and our economic success, or are they on the side of an increasingly isolated Secretary of State?
The Government could decide to vote to end the ban on new licences and unlock the 2.9 billion barrels of opportunity that lie below the sea. They could vote to scrap the energy profits levy and vote to approve the Rosebank and Jackdaw fields immediately, but it is clear that they will not. As ever, there is only one party with a plan to get Britain drilling again, to make Britain secure, to cut bills and to deliver a stronger economy and a stronger country. That is, and always will be, the Conservative and Unionist party.