Andrew Bowie

Finally, Mr Speaker—at last, after two and a half years, this Government have found it within themselves to do the right thing, after exhausting all the alternatives. We have arrived at this destination far later than we should have. Jackdaw was first approved by us in 2022. When in government, we approved it in line with the law as we saw it at the time, and we were confident that we would win the appeal in the Court of Session and ensure that we could get British gas into British homes as soon as possible. But then entered the former Secretary of State for Energy Security and Net Zero, the right hon. Member for Doncaster North (Ed Miliband), who, in one of his first acts as Secretary of State, pulled lawyers from the appeal, ensuring and guaranteeing that it would fail. There was absolutely no reason to do that. Approving Jackdaw is about security, jobs and our economy. At every moment up to today, this Government have chosen to prioritise their own self-interest—and winning a by-election in Holborn and St Pancras—over the interests of the British people. Jackdaw alone will provide enough resources to heat 1.4 million British homes—homes that will no longer need to rely on expensive and high-carbon emitting liquefied natural gas imports. Today we have heard the Secretary of State and the Minister talking about the pragmatism of the national interest. More gallingly, we have heard them talking about supporting British workers. If the Government are serious about a new, pragmatic approach and serious about British jobs and British businesses, that surely means the forthcoming energy independence Bill will not contain measures to ban any new licences in the North sea—a purely ideological but unfathomable decision. If they really believe that a new pragmatism is needed in the North sea, that presumably means that the Chancellor will be announcing next week that he will be removing the energy profits levy. This decision is welcome, but it should not have taken this long. Labour’s dither and delay over the past few years—and, indeed, the past few months—has cost us dear, with jobs lost, more businesses relocating and deindustrialisation. There is a reason the leader of the GMB union described this Department as the Department for P45s. We have had oil downturns before, when global prices fell and jobs were lost in the UK. When it happened under our watch, we stepped up: we maximised recovery, cut taxes and turned the North sea into the most investable basin in the world. Today, there is no global downturn—prices are soaring across the world, and the oil and gas industry is expanding. Only in Britain, we now have a made-by-Labour, made-by-Miliband downturn. We have the only Government in the world who say, “Jobs being lost? Let’s speed that up.” We are the only country not maximising recovery and the only country choosing, in the middle of an energy crisis, to ban licences and exploration. Yet today, the workers in our oil and gas industry are to be thankful that after two and a half years of uncertainty, this Government—kicking and screaming—have finally done the right thing. I have no doubt that there will be more kicking and screaming from some of their Back Benchers today. Perhaps the prospect of more tax revenue will appease them—specifically the over £4 billion of tax receipts. That is revenue that we know the Chancellor desperately needs. Today is a good day—finally. In the spirit of the Secretary of State’s new-found pragmatism, let us see a serious and pragmatic change of direction. Will the Government now approve Rosebank, lift the ban on exploration and new licences, end the crippling energy profits levy, and get Britain drilling?