Thursday 30th March 2023

(1 year, 8 months ago)

Commons Chamber
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Graham Stuart Portrait Graham Stuart
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We are accelerating renewables as quickly as we possibly can. As I say, we have transformed the dire situation we inherited and we are moving as fast as we can on that, but we are going to need, and be dependent on, oil and gas for decades to come. Under net zero, we will still be using a quarter of the gas we use today. The hon. Gentleman is saying to his constituents, “Let’s pay billions to foreign, sometimes hostile, states, rather than producing our own.” That is economic madness. The gas we bring in on tankers has two and a half times the emissions of our domestically produced gas. On what planet would any rational and reasonable constituency MP want to propose that, unless they had some strange affinity with somewhere like Russia?

Stephen Crabb Portrait Stephen Crabb (Preseli Pembrokeshire) (Con)
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The Minister is exactly right that we are on the cusp of a new industrial revolution. Floating offshore wind will be a key part of that picture, so I welcome the confirmation he has given today of the £160 million FLOMIS—floating offshore wind manufacturing investment scheme—port infrastructure package. Will he confirm when he is likely to start awarding that funding? Does he agree with me that it needs to be used in a really targeted way to unlock private sector investment and ensure we capture first mover advantage with floating offshore wind? Will he visit the port of Milford Haven to see the really exciting things happening in the energy sector there?

Graham Stuart Portrait Graham Stuart
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I thank my right hon. Friend who, like my hon. Friend the Member for Ynys Môn (Virginia Crosbie), is relentless in promoting and pursuing these interests. He can see that moving towards net zero and capitalising on the huge natural assets around Wales, can contribute to jobs, prosperity and industrial renaissance, as well as help us to deliver the transition. I would be delighted to visit him. In answer to his earlier question, we want to do that as soon as possible. We announced the opening of it today. We want to move forward. We have to accelerate everything we can do right across the piece.