Uma Kumaran

I thank the hon. Member for Bromsgrove (Bradley Thomas) for securing a debate on such an important issue. I put it on record that I am the chair of the APPG on climate change. Frustratingly, the British public once again find themselves at the mercy of the latest chapter of the geopolitical crisis. Our constituents are looking at their energy bills and wincing at yet another increase, as people up and down the country pay the price for an energy market that is exposed to global conflict. The fact remains that the hard-earned money of British taxpayers and bill payers is lining the pockets of fossil fuel giants, which want us to believe that drilling oil is the only way forward. As long as the UK relies heavily on oil and gas, global conflicts and supply disruptions will continue to lead to price hikes. That is why we need to focus on cleaner energy sources. Those hikes are driving fuel poverty in every corner of our country, leaving less money in the pockets of workers and pensioners alike. For too long—we have heard this in the debate—climate action has been pitched as a zero-sum game in which economic activity will somehow be hampered, but it is not at odds with economic security or prosperity. There is a case for moving away from oil and gas and towards clean energy not only for our planet, but for British bill payers. Energy bills cannot and will not be brought down by North sea oil and gas. Our constituents are better protected from energy shocks by investment in renewables than by further exposure to volatile fossil fuel markets. The British taxpayer has been subsidising a hugely polluting industry for too long. Oil and gas companies enjoy an effective tax subsidy of £3 billion every year, when we should instead be investing in the industries of the future, such as renewable energy projects that deliver wealth back into our communities, building global leadership and growing global markets for clean energy technologies. I worked globally on such initiatives with nearly 100 countries in the United Nations. Countries are successfully shifting away from fossil fuel production. That is happening—it is a reality.