Mike Wood
Main Page: Mike Wood (Conservative - Kingswinford and South Staffordshire)Department Debates - View all Mike Wood's debates with the Cabinet Office
(1 day, 13 hours ago)
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Mike Wood (Kingswinford and South Staffordshire) (Con)
The UK has become a global leader in agri-tech and particularly selective breeding, largely because of our flexible regulatory framework, including the Genetic Technology (Precision Breeding) Act 2023. That would not have happened if we were still members of the European Union. The BioIndustry Association says that dynamic alignment would threaten UK leadership in biotech innovation. Will the Minister commit to securing a carve-out for precision breeding so that our success in this vital sector is not threatened by new or future EU legislation?
Nick Thomas-Symonds
The common understanding agreed between the UK and the EU last May provides for carve-outs, subject to negotiation. But if the hon. Gentleman seriously thinks that all the export costs and fees that businesses are currently paying, which the SPS agreement will take away, should continue, he should say so.
Mike Wood
I think the House and the public outside will have heard that the Minister is refusing to give that commitment to the representatives of this vital sector. However, he will know that the high cost of fertilisers is one of the biggest pressures on British farming and food prices. Raising carbon prices to the level of the EU’s carbon border adjustment mechanism is projected to add around £100 a tonne to that cost. At a time of high food costs and squeezed food security, does he really think that now is a sensible time to hammer British farming yet again?
Nick Thomas-Symonds
That is an absolutely absurd question. The hon. Gentleman is asking that question when his party’s position is to keep in place all the fees that we currently have to pay on exports to the EU. He also talks about the emissions trading system linkage. Without mutual exemptions from the carbon border adjustment mechanism, businesses will have to pay around £700 million in carbon taxes. The consequence of his party’s position is that they would have to pay them.