COP27

Simon Hoare Excerpts

Wednesday 9th November 2022 Commons Chamber

[The Prime Minister]

I agree with the right hon. Gentleman about importing liquified natural gas, which is why I am keen to encourage more exploitation of our domestic oil and gas resources in the North sea. He and I are aligned on that. We have conducted a new North sea licensing round, leading to about 100 new licensing applications. That will increase jobs in the UK and our energy security, and that is the right thing to do.

[Simon Hoare (North Dorset) (Con)]

The intervention and leadership of the Government is of course welcome, as is the focus on helping developing and climate change-vulnerable countries. What initiatives are being considered, or could be considered, for businesses to share their technologies, intellectual property and so on with expertise to help those countries move forward far more quickly than we have been able to do? It is, after all, business that will need the research and development in this field which will solve the global problem we all face.

[The Prime Minister]

My hon. Friend makes an excellent point. That is the type of leadership and contribution that Britain can make to solving the problem globally. We are fortunate to have some of the world’s best researchers and companies tackling this problem. On Monday, I was pleased to announce about half a dozen investment opportunities in Kenya, which do exactly what he describes: British expertise helping a country with its transition in areas such as solar and geothermal. That is an exciting template for the future.