Michael Shanks

Michael Shanks

Labour — Rutherglen

Speaking in the House of Commons on 21 October 2026

Debate

Jackdaw Gasfield

Contribution

As a Government, we are making it as attractive as possible to invest in clean energy sectors. That is why we have seen more than £100 billion-worth of private investment in the clean energy transition since we came into Government—£110 billion of investment in two and a half years. It is clear that people see the clean energy transition as a route for investment and helping to build our energy security. I would say to all those, pension funds or others, who do not take the economic opportunity seriously that there is a huge opportunity here to build the country we want to see and to get good economic returns as a result. We have set up things such as the National Wealth Fund and Great British Energy to help crowd in that investment.

More from Michael Shanks

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Michael Shanks's full parliamentary record including voting history, expenses and all other contributions, see the Michael Shanks report card.