(10 years, 9 months ago)
Commons ChamberFollowing up on the intervention by my hon. Friend the Member for Shipley (Philip Davies), is a company in a country that is not a signatory, such as the United States, prohibited from undertaking any deep-sea mining, or is it able to go ahead without applying for a licence because it is allowed to do so under its own domestic law? Might we therefore be disadvantaging British companies against American companies?
Companies in countries that are not signatories to UNCLOS would have to find a host that was a signatory to make an application for them.
There are large quantities of these metals. Whether it is because of increased demand, shrinking supply or both, metal prices have increased notably in recent years. As was mentioned by my hon. Friend the Member for Dover (Charlie Elphicke), rare earth elements, which have a particularly limited number of land-based sources, are attracting great interest. Those factors led to the emergence of the first serious commercial interest in deep-sea mining only a couple of years ago. A UK-registered company is now following up that interest.
An event to celebrate the granting of an exploration contract by the ISA to the UK was held at the Excel centre on 11 March this year. I was very pleased that my right hon. Friend the Prime Minister was able to attend. At that event, he spoke of the potential benefits to the UK and of the supply chain jobs that would probably be created in areas such as Portsmouth, Southampton, Plymouth, Bristol, Liverpool, Newcastle, Aberdeen and—I hope this is the case—Cornwall. Jobs are likely to be created in areas such as engineering, high-tech remote underwater vehicles and ship stabilisation. He said that that activity was estimated to be worth up to £40 billion to our economy over the next 30 years.
Many people from my constituency work in Plymouth. I want to ensure that we have the necessary legislation in place to make the most of these new opportunities. I am grateful to my hon. Friend the Member for Plymouth, Sutton and Devonport (Oliver Colvile), who cannot be here today, for sponsoring the Bill.
(13 years, 7 months ago)
Commons ChamberI was going to make the cheap comment that the Deputy Prime Minister is, of course, a borough Member, so he probably has an objection to the counties, because the borough Members used to get only half the wages of the county Members. Perhaps there is a long-standing objection to the higher pay we used to get.
Does my hon. Friend agree that the historic boundary between Devon and Cornwall needs to be protected? Cornwall has a unique identity; it has its own language, and should be treated as a special case, like the Shetland Isles and the Western Isles, for geographical purposes. Cornwall’s identity is special and deserves to be protected.
I have the greatest sympathy with my hon. Friend’s view, although, as I said in an earlier intervention, in 1362—I think—one Member represented seats in both Devon and Cornwall simultaneously, so there is at least some historical precedent for Devon and Cornwall having an association. It is important, however, to respect communities as far as possible, so I call upon Her Majesty’s Government to be generous, to be kind and to consider the great history of my own county of Somerset—[Interruption.] I know that they are not listening, but they might listen eventually. I ask them to be kind and allow us to maintain our great historic traditions. It would not much change the Bill, it is not a very great amendment and I hope that the Government might at least think on it.