Steel Safeguards

Sammy Wilson Excerpts

Wednesday 29th June 2022 Commons Chamber

[Anne-Marie Trevelyan]

I am very happy to meet my hon. Friend to discuss the details of the particular businesses in his constituency that have found that their markets are distorted and disturbed by the illegal invasion of Ukraine. One reason I have decided to strip away all restrictions on Ukrainian steel is that we want to make sure that, as Ukraine, in due course, is able to get back up and running in those industries, its high-quality steel has a route to market in the UK. We wish to continue to be its champion and supporter, and to ensure that that democracy can rebuild its economy as quickly as possible.

[Sammy Wilson (East Antrim) (DUP)]

I appreciate that it is sometimes necessary in the national interest to impose trade restrictions, but free trade is the way to increase competition, bring down prices and raise living standards. The fact is that energy-intensive industries in the United Kingdom have been shedding jobs for many years now, partly because of the energy price costs that have resulted from the Government’s net zero policy. Does the necessity for today’s decision not give the Government another reason to examine the wisdom of the current net zero policy, given that the priority for our competitors is cheap energy produced from fossil fuel?

[Anne-Marie Trevelyan]

As I said earlier, we have provided over £600 million in financial relief to the steel industry since 2013 to address high electricity costs, and the recent security strategy on energy continues to support that. This will be an issue for some time, which is why my right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy continues to work with all energy-intensive industries to find solutions. However, it is absolutely right to continue pushing forwards on our net zero agenda, because we need to have security of electricity and other energy supplies and to move to clean energy sources as we transition away from hydrocarbons. In that way, we will have not only security but clean energy, and we need the rest of the world to do the same. If we do not do these things, large parts of our planet will no longer be habitable, because of the climate change impacts.