Mr Douglas Alexander

Mr Douglas Alexander

Labour (Co-op) — Lothian East

Speaking in the House of Commons on 25 February 2026

Debate

Energy Profits Levy: Gas Sector

Contribution

First, I respectfully remind the hon. Gentleman that it was the Conservatives who brought in the energy profits levy in 2022. Oil and gas will be a central part of the energy mix in the UK for decades to come, but it is also right to recognise that there is a transition that needs to be managed and there was an abject failure by the previous Government to manage that transition. The Chancellor confirmed at the Budget that we are ending the EPL on 31 March 2030.

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