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Mohammad Yasin
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Oral Answers to Questions
Mohammad Yasin Excerpts(1 day, 9 hours ago)
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Chris McDonald
We now have record public sector investment in the development of this technology, with £86 billion to 2030. As a techno-optimist, I agree with the International Energy Agency that we can now solve 75% of these problems using technology, and I would be happy to meet the hon. Gentleman to discuss the matter further.
Mohammad Yasin (Bedford) (Lab)
For as long as the UK depends on oil and gas, global conflicts will continue to drive price hikes for my constituents in Bedford and Kempston, who face soaring bills when the price cap ends in June. Does the Secretary of State agree that lower bills should come before company profits, and will he levy a windfall tax on the fossil fuel companies, which are making billions from this crisis?
Ed Miliband
As a result of decisions made by my right hon. Friend the Chancellor, we are raising significant sums from the windfall tax. We do not agree with the Opposition parties that now is the time to abolish the windfall tax; we think that is really important revenue that can help many of our constituents.