Richard Tice

I will come back to the hon. Lady. I am doing well; I am in full flow. The panel said in its, I think, sixth report that even if we got to net zero tomorrow, it would take somewhere between 200 years in one context and 1,000 years in the other context to make any difference whatsoever to sea level rise—and it did say that with high confidence, which is reassuring. Maybe the smarter thing to do is to adapt to climate change rather than think we can stop it. Let me come back to the essence of the debate, which is the importance of the decision as to whether we as a nation are prepared to impoverish ourselves by writing off one of the greatest treasure opportunities we have. Almost any other nation in the world that has this energy treasure—quite rightly, quite sensibly, financially and productively—uses that energy treasure. But the mood of this place is, “No, we’re going to impoverish ourselves. We’re not going to use that treasure. We’re going to make people ever poorer because we’re going to insist on putting all our bets on renewable energy.” We keep being told that renewable energy is going to be cheaper and cheaper, but we now know from the experts that even if the price of gas goes to zero, by the time of the next general election our energy bills will be higher because the cost of renewables is going up and up. And guess what? When the wind does not blow and the sun does not shine, which occasionally happens here in the United Kingdom, we need back-up—it is basic common sense.