Pippa Heylings

It is a pleasure to serve under your chairship, Ms Furniss. I am sure that the whole country joins you in finding it difficult to deal with this heat and to perform to the best of one’s ability. I am thinking about those students who are sitting GCSE and A-level exams this week. I thank the hon. Member for Bromsgrove (Bradley Thomas) for bringing this debate to Westminster Hall. We have heard how seriously we are considering our current and future jobs for oil and gas workers in the North sea and in the new renewable energy sector. Families across the country and businesses are struggling with skyrocketing energy bills. We are also seeing hits to our economy and avoidable deaths from a warming planet. This week, we have had the first red alert under our new UK Health Security Agency alert system, alerting us to the climate impacts of global warming. Less than a month ago, families and households received the news that, once again, their energy bills are going up, this time by an average of 13.5% or £221 a year—what we could call a Trump tax. We know that rising energy bills are one of the biggest worries facing households and businesses. They bring stress, anxiety and uncertainty, and they are plunging more and more people into unaffordable debt. Right now, energy debt in the country is about £5 billion, and it is due to rise exponentially. Also, our businesses are seeing some of the highest industrial energy prices, making us as a country among the least competitive, which is hitting our economy. Families, too, will now be bracing themselves for the next price cap announcement and wondering how much they will have to pay through the colder winter months. The reason for these spikes in our energy bills is clear: our dependence on the rollercoaster of volatile global fossil fuel markets. The energy crisis is an oil and gas crisis. Just as with Russia’s invasion of Ukraine, the middle east conflict shows how a single geopolitical escalation can send energy prices soaring, leaving households and businesses exposed to shocks entirely beyond their control. That is not inevitable. In Spain, an increase in renewables has seen the Spanish electricity market go from the 10th most expensive in the EU to among the cheapest. But as we have heard in this debate, a transition will not happen without a careful, concentrated and accelerated focus on the oil and gas we need today, on the renewables that we need to scale up, on the infrastructure, as my right hon. Friend the Member for Orkney and Shetland (Mr Carmichael) mentioned, on the jobs and, as the hon. Member for Na h-Eileanan an Iar (Torcuil Crichton) mentioned, on the culture and identity involved in this change. We need a serious and honest debate about this transition. Even proponents of the “Drill, baby, drill” argument from the Conservatives and Reform have recognised that further expansion of oil and gas production in the North sea, a mature basin from which we have already extracted 93%, will do nothing to cut people’s energy bills. Any oil and gas extracted is sold on the international market to the highest bidder.