John Bercow
Main Page: John Bercow (Speaker - Buckingham)(9 years, 3 months ago)
Commons ChamberI, too, am sorry that the right hon. Member for Don Valley (Caroline Flint) is no longer on the Front Bench. She and I used to have regular, robust exchanges, and she had a realistic approach to energy security, describing nationalisation proposals as “turning the clock back”. How much I agree with her.
The hon. Member for Wigan mentioned investor confidence, but perhaps I may ask her to look within her own team as there are real concerns about the Opposition’s approach to nuclear power—who knows their position ahead? The Government are committed to a mix of energy supply and to ensuring that nuclear power, which she mentioned, is part of that mix. It is so disappointing that under the previous Labour Government there was no planning or looking ahead—
Order. The Secretary of State can leave me to adjudicate on these matters. Her answers must be about the policy of the Government. That is the premise from which we start and with which we proceed.
I was going to thank the right hon. Lady for that answer, but I do not think I will.
Investors looking at the UK are scratching their heads. On the one hand the Government say that they are trying to reduce the cost of energy for working families, but on the other hand they say that they want to go for shale gas and CCS, which are unproven markets. We have
“new nuclear build and offshore wind which are substantially more expensive than renewables such as onshore wind and solar PV. Investors don’t know what the government is trying to achieve.”
Those are not my words; those are the words of Ernst and Young’s energy analyst in a report that was published this week. When will the Government return with a plan to keep our lights on, cut pollution, and get energy bills under control?
As the hon. Gentleman will know, the legislation to establish the OGA formally is currently being dealt with in the House of Lords. The authority’s key responsibility will be to maximise the economic recovery from the North sea basin, and it is already fully employed in that respect. The Government have made some fiscal changes to promote investment, and, importantly, we have also invested £20 million in seismic surveying of under-explored areas in the North sea basin to try to identify new opportunities for businesses that are based there, in order to encourage the investment that we so badly want.
Indeed, but this is a similar question. The hon. Lady can come in now if she wishes.
17. Thank you, Mr Speaker. I am sorry; I was slightly thrown.I would appreciate it very much if the Minister would tell us what action the Government are taking to ensure that decommissioning is delayed for as long as possible. A total of 375,000 people are employed in the industry, directly and indirectly, and many of them are based in my city of Aberdeen.
Although I appreciate fully the need to cut subsidies, the decision made on 9 September on pre-accreditation for the feed-in tariff will negatively affect my constituents, as well, as we have heard, as those of other Members. It sends a negative message to investors in the green economy, puts dozens of anaerobic digestion projects at risk and jeopardises the conversion of food waste to energy in Suffolk. Will the Secretary of State assure me that investments in green technology will continue to be incentivised?
I am sorry, we do not wish to deprive the Minister of her answer. I apologise that I was ahead of myself, but we will digest her answer, which I am sure will be brief.
I am grateful, Mr Speaker. As my hon. Friend the Member for Bury St Edmunds (Jo Churchill) will be aware, the feed-in tariff has been hugely successful in encouraging the generation of low-carbon energy for homes and businesses. We appreciate that pre-accreditation was widely supported as it enabled people to book their tariff, but the problem is that there is a tension between the cost to consumers and the value of the subsidies. We need to get that balance right.