L

Lord Mackinlay of Richborough (Con)

Speaking in the House of Lords on 11 March 2025

Debate

Licensed Oil and Gas Fields: Emissions

Contribution

My Lords, I declare that I will become the director of the Global Warming Policy Foundation from next month. Have the Government assessed the amount of lost investment, lost jobs, lost tax revenue and lost balance of payments costs in the unwelcome approach that we take to new gas and oil in the UK? We are simply substituting supply with that of our foreign competitors, notably Norway, Qatar and the US. Into the future, that could be domestic.

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