Ed Miliband

That was a lot, as they say. Let me deal with what the right hon. Lady said point by point. First, we will take no lectures from her on energy bills. She presided over the worst cost of living crisis in history, and not once have we heard a word of apology. This Government are taking £150 of costs off bills. How are we doing that? By raising taxes on the wealthy. She opposes every one of the measures that we are taking. Secondly, I know this is painful for the right hon. Lady, but I am using the same metric that she endorsed in November 2023, when she was Energy Secretary. She published the document, and she knows the truth about that metric: offshore renewables today are 40% cheaper to build and operate than new gas. However much she tries to struggle or flail around, those are the facts, I am afraid. She asks about carbon pricing. It is very interesting that even when we take off carbon pricing, gas is still more expensive, on the figures we published today. Her sums simply do not add up. What is really rich is that the right hon. Lady asked about constraint payments. Why do we have constraint payments? [Interruption.] I am answering the question. We have constraint payments because the Conservatives failed to build the grid when she was the Secretary of State. Get this, Madam Deputy Speaker: now she comes along, complains about constraint payments, and opposes every piece of energy infrastructure that we try to build in order to bring down the constraint payments. It is extraordinary. Here is the right hon. Lady’s big problem. She is making a massive gamble on fossil fuels, which is exactly what the Conservatives did when they were in office, and we know where that led: the worst cost of living crisis in memory, leaving us at the mercy of petrostates and dictators, and leaving the British people to pay the price. We were elected with an historic mandate to end the Conservatives’ record of failure, and that is what we are doing. We are ending the sell-out of our energy security, cutting bills, creating hundreds of thousands of clean energy jobs and protecting future generations. Let me sum it up: the right hon. Lady failed, and we are delivering.