Pippa Heylings

Oil and gas prices have a long history of spiking and damaging our economy. The UK was among those countries in western Europe worst hit by the price shock following Russia’s invasion of Ukraine in 2022. As long as we remain tied to volatile international fossil fuel markets, dictators and foreign wars will have a grip on our economy and on the pockets of families and pensioners across this country. Surely it is time to wake up to that reality and learn the lessons of the past. That is why we Liberal Democrats welcome the Government bringing forward a Bill on energy independence. We will scrutinise it carefully to ensure that it contains not only the urgent and ambitious measures necessary to bring down energy bills and ensure energy security, but a fair, managed and prosperous transition to clean energy. As households nervously await next week’s announcement of the energy price cap, with forecasts showing that households could be hit with a £300 Trump war tax on energy bills, we Liberal Democrats are clear that the best way to get energy bills down is through home-grown renewable power, with prices that we control.