Energy Markets

Alex Sobel Excerpts
Thursday 5th March 2026

(1 day, 16 hours ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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The hon. Gentleman speaks with great eloquence on these issues on behalf of his constituents and others. He is absolutely right to say that, in a situation like this, everyone has a responsibility. The Government have a responsibility, and private companies have a responsibility too—he is right to make them aware of that. On the wider question about the impact on families, it is important that the Government are vigilant about the steps we can take to help people.

Alex Sobel Portrait Alex Sobel (Leeds Central and Headingley) (Lab/Co-op)
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One of the first lessons from the Russia-Ukraine war, and now from the war in the middle east, is that oil refineries and fossil fuel infrastructure are primary targets and that energy prices are now part of war strategy. Our race to renewables is important not just here in the UK, but around the world. The price of Urals crude has nearly reached the price of other crude oils, and we need to ensure that other countries are not reliant on Russian oil being delivered by the shadow fleet. Is the Secretary of State working with other countries to ensure that they are taking the same path towards the renewable transformation that we are taking?

Ed Miliband Portrait Ed Miliband
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My hon. Friend speaks with great eloquence on these issues, and he is absolutely right. As I said earlier, it is striking that so many countries now talk about this as an energy security issue. For the 80-plus countries that supported the road map for the transition away from fossil fuels at COP30, it was as much about energy security, about their own situation, about bills and about their fear of exposure as it was about the long-term threat that we face from the climate crisis, as crucial as that is.