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Finance (No. 2) Bill

We have all got one, but if we have cell resources based on the DNA, there will be a need for cell banks. I believe that such an industry can provide a lot of employment for areas such as mine in north-east England. It will not provide it for ever, because others in the world will soon be able to do the same thing, but it gives us the lead on which we can base future developments. As I said to my right hon. Friend the Chief Secretary, the Bill, and clause 28 in particular, help with many research, development and environmental issues, including in relation to the matters I have just mentioned. Clause 28 is a very important clause. My final point concerns energy. I am a firm believer in a balanced energy policy and do not believe that one should have ideological views about the rights or wrongs of a particular energy source—it is sensible to have practical views about such matters, but it is not sensible to take an ideological view. We must ensure that we have security of supply and sufficient supply, which is the first challenge on energy policy. As other hon. Members have rightly said, the second challenge is controlling emissions. The third challenge concerns export capacity: some might say that we exported coal 150 years ago and ask what we can export now, but there are things that we can export, and I believe that the possibilities offered by new technologies should be emphasised.