Shale Gas Extraction Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Robert Syms
Main Page: Robert Syms (Conservative - Poole)Department Debates - View all Robert Syms's debates with the Department for Business, Energy and Industrial Strategy
(1 year, 7 months ago)
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Mr Rees-Mogg
It is no surprise that I disagree with the right hon. Gentleman. I refer him to the 2012 report, which went through that and through what had happened in the United States for comparison purposes. First, it found the evidence on the pollution of aquifers was not actually any good: most of the stories were invented or were scare stories. In addition, the UK has a very good regulatory regime. The combination of ignoring the scare stories and decent regulation means that one can be confident that aquifers will not be damaged.
Sir Robert Syms (Poole) (Con)
I welcome this announcement; it is one of the few from Front Benchers that will actually make us a lot richer, if we pursue it. It will also make us more resilient in a very difficult world. The key seems to be what advantage the communities that may be affected can get through financial support. Has the Secretary of State had any discussions with the Treasury? It seems to me that if local people give their consent, that is in the national interest.
Mr Rees-Mogg
I am very grateful: my hon. Friend makes exactly the right point, both ways around. This is in the national interest and will make the country richer, but it is absolutely right that those affected should be rewarded. To my mind, that means direct financial reward, not a theoretical one. The last time that we discussed fracking, the idea was that communities would be delighted if they got £10 for the village hall. I do not think that is the right way to do it. This needs to be direct, to the individuals who are affected. I have had preliminary discussions with my right hon. Friend the Chancellor, but I do not have a formal thing to announce.