Ban on Fracking for Shale Gas Bill

Craig Mackinlay Excerpts
Wednesday 19th October 2022

(1 year, 7 months ago)

Commons Chamber
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Craig Mackinlay Portrait Craig Mackinlay (South Thanet) (Con)
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We often wonder why we in this House are not taken very seriously. I will tell Members why. We are in the depths of an energy crisis. We have shown ourselves—Europe as a whole—to be too reliant on a dictator who has been conducting an illegal war, and the problems have come home to roost. Here we are speaking about trying to ban a source of domestic energy while we are short of it, and we wonder why people out there think that we are stark staring mad.

Of course, today’s debate is not about fracking—it is not about fracking at all—but about taking control of the Order Paper. We have seen that before during the height of the Brexit wars. My dear friend the right hon. Member for Leeds Central (Hilary Benn) was part of that. I am really sorry that the right hon. Member for Doncaster North (Edward Miliband) is not in his place. I did try to intervene on him, but he did not show me the courtesy of taking my intervention. If he had been in his place, I would have shown him that courtesy now.

There are a couple of things that need to be said. It has been said here that fracking will make no difference to the price of gas. I do not know about anybody else in this House, but when I did O-level economics, the first week—no, probably the first lesson—taught me that if we put more supply of something into a system, the price tends to come down. Further than that, even if Labour’s economics are true and the price will not change, would one rather spend tens of billions of pounds per year on foreign imported liquefied natural gas, even at a high price, or spend that money at home? That is a very clear decision.

Wera Hobhouse Portrait Wera Hobhouse
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Will the hon. Gentleman give way?

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Craig Mackinlay Portrait Craig Mackinlay
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No, I will not give way; I do not have time today, and others have not done it for me— [Interruption.] Oh—yes, if the hon. Lady will please intervene, it gives me another minute.

Wera Hobhouse Portrait Wera Hobhouse
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Has the hon. Gentleman not listened to his own colleague, the hon. Member for Fylde (Mark Menzies), saying that it would take at least two years to get any fracking going, or to his other colleague, the right hon. Member for Spelthorne (Kwasi Kwarteng), who said just a few weeks ago when he was still Business Secretary that no amount of fracked fuel in this country would make a difference to the global gas market, because the quantities are too small?

Craig Mackinlay Portrait Craig Mackinlay
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I thank the hon. Lady from the Liberal Democrats for that point. I remember a former leader of the Liberal Democrats saying, about 12 years ago, “What is the point in nuclear?” because it would take 11 or 12 years to get it on stream. I think that 10, 11 or 12 years on from 2010 would be about now, and that would have been quite useful. Of course, it will take time to get fracked gas out of the ground. The best time to have done it was a few years ago; the second-best time to think about it is now.

I refer hon. Members to a House of Commons Library report dated 14 January this year, called “The energy price crunch”. As ever, House of Commons Library reports are excellent, and this one was very clear. Table 4.2 shows a very easy chart, which I will describe to hon. Members. It shows the output of UK-produced gas from the North sea, which peaked around 2004, when we were net exporters of gas. Since that time, we have been using only about 75% of that peak usage, and that may be for many reasons. We may have better-insulated houses, and that is to the good. I feel pretty sure that one of the main reasons is that any energy-intensive business has simply offshored somewhere else, but let us put that aside.

What has happened, very distinctly, is that we are now only producing one third of what we did at peak. We are using 25% less, but we are producing only one third of what we once did. Where do people think that gap is being filled from? That gap is being filled from international resources. There are three countries alone, forgetting Norway: £64 billion we have spent over the past 10 years on importing LNG from Russia, Qatar and the United States.

Surely it must be better to have those tens of thousands of jobs at home, as well as the many billions in investment and the profits and tax revenues—remember those? They are pretty helpful; they pay for things such as the NHS, or perhaps the insulation that we would all very much support. What would also be quite useful is balance of payments, because we have always run a pretty bad show on that. But if CO2 is your thing—it is certainly my thing—why are we importing LNG and emitting 5 million tonnes of extra CO2 just in the process of importing it, rather than doing it domestically?

This debate is a valid one—it is happening for other reasons, which we are all very aware of, as shown by Labour—but I support fracking. Let us give it a go. There is no Government money involved; it is all private.