Michael Shanks

Michael Shanks

Labour — Rutherglen

Speaking in the House of Commons on 10 February 2025

Debate

Rosebank and Jackdaw Oilfields

Contribution

I do think that carbon capture is important. We were delighted to put forward the investment to get the track 1 projects over the line, and we are looking forward to seeing those develop. That was about giving investors confidence after a protracted period, under the previous Government, in which those projects fell by the wayside several times. We were determined to get them over the line, and I am delighted that we did. We remain supportive of the track 2 projects, particularly the Acorn cluster in Scotland, which may have an impact on areas such as Grangemouth in future. We want to see investment there as well. Such investments are incredibly important for building the jobs of the future. That is partly why the Government are determined to look at what comes next, and not just to support the oil and gas industry, as important as that is at the moment.

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