Energy Profits Levy: North-east Scotland Debate

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Department: HM Treasury

Energy Profits Levy: North-east Scotland

Andrew Bowie Excerpts
Tuesday 14th October 2025

(1 day, 17 hours ago)

Commons Chamber
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Harriet Cross Portrait Harriet Cross
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I completely agree with the hon. Gentleman. At no point have I ever said that we should be persisting with oil and gas at the expense of renewables. We 100% need both, but both means both sides: we do not need to tax the oil and gas industry out of existence in the North sea in order to scale up renewables, because that will do the exact opposite, as he knows. I appreciate his point that jobs have been lost in the past—I know that because I live in the north-east of Scotland—but what happened to oil and gas prices during that time? Were they at a peak or in a trough? They were in a trough but they are now not, yet we are still seeing jobs cut and production decreasing faster than it needs to because of decisions made by this Government.

Andrew Bowie Portrait Andrew Bowie (West Aberdeenshire and Kincardine) (Con)
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I commend my hon. Friend on her speech and on securing the debate. As she knows, this issue is also felt incredibly keenly in the neighbouring constituency of West Aberdeenshire and Kincardine, which I represent. While the debate about whether it is renewables or oil and gas is a false one, the fact is that skilled workers, whose jobs are being lost in the North sea right now, are the exact workers who we will need in the future to deliver cleaner energy and a more sustainable future. Those jobs do not exist in the UK right now, and they are being lost to the United Arab Emirates, Riyadh, Australia, Mexico and Canada. We need to do what we can to maintain those jobs in north-east Scotland by supporting our oil and gas industry and removing the punitive energy profits levy, which is driving people away from the country and driving companies to make redundancies.

Nusrat Ghani Portrait Madam Deputy Speaker (Ms Nusrat Ghani)
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Order. I remind Mr Bowie that Front Benchers do not intervene from the Front Bench in Adjournment debates.