Dr Jeevun Sandher

Clearly, this country faces an affordability crisis. People cannot afford their energy bills or their housing bills, and that means more than just not being able to pay the bills—it means that they are losing faith in us in this place, because democracy is no longer delivering for them. We Labour Members want cleaner and cheaper energy, to ensure that people can afford their bills and do have faith in us, but there is another reason. The decisions we make now in this place will live on for decades—for generation after generation. The carbon we emit between now and 2050 will live, not just with us, but with our great-grandchildren and their grandchildren. It is so important that we get this right at this moment. The motion tabled by the Conservative party backs expanding North sea oil and gas. That would not make our energy cheaper, and perhaps more importantly, it would not make us more secure. The Conservatives talk about a cheap power plan. They were in power for 14 years. We had the most expensive energy bills in the G7, with the highest inflation, because they left us dependent on natural gas—and what do we see today? Exactly the same plan all over again. Natural gas is setting our energy price for 98% of the time. It drove 80% of the increase in the wholesale cost, with 50% of the wholesale cost driving the increase in energy prices. How on earth can the Opposition today want us to relive and repeat those mistakes over and over again? Let us talk about North sea oil and gas in particular. Taking all of it out, as the Opposition are proposing, would leave five years-worth of supply—and then what will we do? What will we invest in then? We will be dependent on natural gas over and over again. That is exactly why we invest in the future. Moreover, the North sea gas bill is twice as expensive as those in the middle east, so it does not even make economic sense.