Offshore Wind Debate
Full Debate: Read Full DebatePolly Billington
Main Page: Polly Billington (Labour - East Thanet)Department Debates - View all Polly Billington's debates with the Department for Energy Security & Net Zero
(1 day, 9 hours ago)
Commons ChamberI just disagree with the hon. Lady. She is making a massive gamble on the future—she is gambling that gas prices will fall. We are giving this country the assurance that we can have clean, home-grown power and lower bills for good.
Ms Polly Billington (East Thanet) (Lab)
I congratulate my right hon. Friend on structuring the auction to drive down the strike price and reduce consumer energy bills. It is worth reiterating that this means renewable energy will be 40% cheaper than gas. Importantly, though, this is also about creating jobs, specifically in coastal industries. Could he elaborate a little on the clean industry bonus and, in particular, how he might be able to support supply chain jobs in our coastal communities?
My hon. Friend speaks very well on these issues, and she is absolutely right to ask that question. The great thing about the clean industry bonus is that for the first time we are rewarding manufacturers for investing in Britain. It is going to leverage in multiple amounts more private investment compared with public investment, and I believe it can be of massive benefit to our coastal communities.