Peter Lamb

I will try to keep my remarks brief. I start by congratulating my hon. Friend the Member for Glasgow East (John Grady) on making many fine contributions today and still managing to find time to pass his own Bill. This is an area of personal interest to me. I made the terrible choice 20 years ago to go into politics, but most of my family are scientists. My grandfather was Professor Sir Robert Boyd, who is often described as the father of British space science. My dad still works in the sector. The pace at which the industry is progressing is quite remarkable. When SpaceX and Virgin Galactic first came out, I thought to myself, “How on earth are these companies going to make any money at all?” But they could certainly see the future in all of this. As has been set out, the opportunities presented by space are vast, and legislation needs to keep pace. Ultimately, it is a question of risk. Risk will always be part of the process, as it is in every part of life. It is perfectly possible to manage it in a way that makes it viable to undertake various activities. The Bill, in its four words, sets out to resolve that, addressing liability and insurance issues to enable the viability of the UK’s space industry, which surely will be seen as a vital area of economic growth in times to follow, and of national security, as has been discussed. No doubt, the discussion of risks may arouse concern from the general public, but for the average person, the risks are vanishingly low. Most objects sent up into space are far too small to survive re-entry. Frankly, huge satellites pose a far greater risk to each other now, through what is known as Kessler syndrome, where one knocks into another and that sets off a cascade that destroys all the satellites in lower orbit, making them completely unusable. The risk of an individual being hit by space debris is less than one in a trillion. Rockets can blow up—they are very similar to missiles—but they tend to be limited to a small range of places, which consistently are remote, and follow a path unlikely to pose a risk to people’s property. The industry has to have an approach to risk, but from an individual perspective, we should not in any way be worried. As has been highlighted, the Civil Aviation Authority, which happens to be based in my constituency, plays a significant role in that. It does fine work in this area, in addition to general aviation. The Bill manages these risks well. It is a vital part of how to deliver an economy of the future for the UK, and I am delighted to support it.