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I have said repeatedly that it is absurd to suggest that bringing in gas from abroad, for instance, with higher emissions attached to that and paying billions of pounds for it, is sensible when we can produce it at home. That is why we incentivise investment in the North sea. It is declining, it is a managed decline, and it is compatible with net zero. It is about time that the hon. Lady backed the British economy and British jobs, and did not play politics with this issue.
I have said repeatedly that it is absurd to suggest that bringing in gas from abroad, for instance, with higher emissions attached to that and paying billions of pounds for it, is sensible when we can produce it at home. That is why we incentivise investment in the North sea. It is declining, it is a managed decline, and it is compatible with net zero. It is about time that the hon. Lady backed the British economy and British jobs, and did not play politics with this issue.
Shell and BP have announced bumper profits while they have also benefited from a loophole put in place by the now Prime Minister which means they secure taxpayer support for drilling oil in our North sea. Does the Minister think that that is a good decision or a bad decision ahead of the COP27 summit?
Shell and BP have announced bumper profits while they have also benefited from a loophole put in place by the now Prime Minister which means they secure taxpayer support for drilling oil in our North sea. Does the Minister think that that is a good decision or a bad decision ahead of the COP27 summit?
Shell and BP have announced bumper profits while they have also benefited from a loophole put in place by the now Prime Minister which means they secure taxpayer support for drilling oil in our North sea. Does the Minister think that that is a good decision or a bad decision ahead of the COP27 summit?
I have said repeatedly that it is absurd to suggest that bringing in gas from abroad, for instance, with higher emissions attached to that and paying billions of pounds for it, is sensible when we can produce it at home. That is why we incentivise investment in the North sea. It is declining, it is a managed decline, and it is compatible with net zero. It is about time that the hon. Lady backed the British economy and British jobs, and did not play politics with this issue.
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the compatibility of (a) the Government's criteria for COP26 sponsors that companies should have set ambitious net zero commitments by 2050 or earlier, with a credible short-term action plan to achieve this...
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the compatibility of (a) the Government's criteria for COP26 sponsors that companies should have set ambitious net zero commitments by 2050 or earlier, with a credible short-term action plan to achieve this...
The Government has set strict sponsorship criteria for COP26 and will partner with companies who have set ambitious net zero commitments by 2050 or earlier, with a credible short-term action plan to achieve this. The Government will continue to talk to a wide range of companies as part of wider COP26 policy engagement to move the global economy to net zero emissions.