Shale Gas Extraction

Valerie Vaz Excerpts
Thursday 22nd September 2022

(1 year, 7 months ago)

Commons Chamber
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Jacob Rees-Mogg Portrait Mr Rees-Mogg
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The subsidies that are paid, when they are paid, have to be reasonable and proportionate and we are finding that, with some of the old contracts that we have based on the gas price for renewable energy, it has led to very high prices. North East Somerset was the site of the old Somerset coalfields, which were a very successful part of the economy historically. I think everyone in this country will have to do their bit to help with energy security.

Valerie Vaz Portrait Valerie Vaz (Walsall South) (Lab)
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I wonder whether the Secretary of State would placate the luddites and publish the up-to-date evidence that enabled the Government to U-turn on both their manifesto commitment and the previous Prime Minister’s policy.

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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I believe that this decision is completely consistent with the manifesto commitment on the safety of shale gas. The reason it has come to the fore now is the very high price increase in gas and the issue of energy security caused by Putin’s invasion of Russia. That has fundamentally changed, and so on the balance of arguments and practicalities, with a safe and well-proven technology, it is right now to extract shale gas as far as we can do so.