Katie Lam

As I just said, 80% of houses use gas for heating. We cannot simply substitute that for renewables—it is impossible. Returning to the issue of energy independence, producing more gas domestically would also make us more resistant to global shocks. We would be far better served if companies that provide energy in Britain were bidding on gas produced in this country, rather than gas produced halfway around the world. Not only would bills come down, but we would mitigate the risk of sudden cost increases as a result of supply restrictions elsewhere. Yet the Government are proposing a policy that would achieve exactly the opposite. The demand for gas is not going away, much as the Government might wish that it were. Even if British homes move away from gas in the long term, it is absurd to impose higher bills on them in the short term in the name of ideology. Those on the Government Benches often talk of sustainability, but there is nothing sustainable about this situation. Families across the country are facing higher bills and extra taxes to fund this Government’s ideological commitment to intermittent energy sources. Many will be forced to do things such as postpone holidays or delay moving house to be able to afford the increasing costs imposed on them by this Government. Meanwhile, businesses are being forced to cut back on staff or shut their doors altogether, because the cost of doing business is now simply too high. That means local pubs, family farms and nursing homes all being forced to shut up shop. For industrial businesses in particular, the situation is even worse. These are businesses in sectors such as AI and high-skilled manufacturing that can provide some of the best paid and most durable jobs, revitalising whole communities and enabling people to build successful lives for themselves. While China and India fuel their industrial expansion with new coal-fired power plants, British industry faces some of the highest energy prices in the developed world—they are the highest in Europe, and they are more than double the price paid by industrial businesses in the United States. We cannot hope to sustain an industrial base in this country, let alone grow it, while the price of energy is so vulnerable to global shocks. Why would anybody start a new industrial business in Britain under these conditions? If this action is being taken in the name of climate change, it is proving to be a catastrophic failure. In the eight years between 2013 and 2020, China pumped out more carbon emissions than Britain has produced over the past 250 years. That is not just because China is a bigger country—per-person emissions from China are more than double those in Britain. We are sending our emissions abroad to countries such as China without making a dent in addressing global climate change, and British families and businesses are left to pick up the tab. The Government’s plans on energy policy will leave us more dependent on overseas imports and will leave the British people worse off financially, without making any noticeable impact on global climate change. If the Government genuinely want to advance our energy independence, we welcome that, but they will not do so by wrecking domestic production and leaving us reliant on imports from abroad.