Rosebank and Jackdaw Oilfields

Richard Tice Excerpts
Monday 10th February 2025

(1 day, 21 hours ago)

Commons Chamber
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Michael Shanks Portrait Michael Shanks
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My hon. Friend outlines again the importance of tackling the climate crisis that is with us now. That is why the Government have been determined to move faster, through our clean power action plan and through the Department’s wider work to decarbonise across our economy. That is incredibly important and we do not have a moment to waste.

A fair transition is key to ensuring that we move away from a carbon-based economy. We have already closed the last of our coal power stations, which was an important moment, and my visit to Ratcliffe on Soar was an important moment for me to recognise how a transition can be done well—[Interruption.] I hear the shadow Minister, the hon. Member for West Aberdeenshire and Kincardine (Andrew Bowie), chuntering that that was done under a Conservative Government. It was an example of where the Conservative Government recognised that the coal industry was declining and that a transition was necessary, but he seems not to recognise that the same is true of the oil and gas industry, which is declining. If we do not start planning for that future now, we will leave those workers with nothing.

Richard Tice Portrait Richard Tice (Boston and Skegness) (Reform)
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The Government profess to want growth and jobs, yet they are giving no incentive or indication whatsoever to the developers of Rosebank and Jackdaw that if they spend millions of pounds on a new application, the Government will or will not grant consent. As a result, those developers are much more likely to say, “I won’t bother; I’ll invest my money elsewhere.” Will the Minister give an indication—yes or no to a compliant application?

Michael Shanks Portrait Michael Shanks
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I think the hon. Gentleman seeks to take me far beyond what I said at the beginning by asking me not just to give an opinion but to adjudicate on applications, right here in the House of Commons, before either company has applied. I think he knows fine well that I will not do that. We have put in place a robust process whereby the Supreme Court judgment will set out a clear pathway on exactly what companies must do in future applications. It is highly likely in this case that both companies involved in those projects will seek to apply again. They will do so and the Government will make a decision in due course. On the wider point about investment, the Government are doing everything to make this one of the most investable places in the world to come and do business—that is important. Our clean energy action plan, which he opposes, will deliver up to £40 billion of investment every single year in the industrial future of this country, and he should get behind it.