Jason McCartney
Main Page: Jason McCartney (Conservative - Colne Valley)
Andrea Leadsom
My hon. Friend is right to point out that there are lots of benefits of shale gas. The first is energy security, as we could be importing about 75% of our gas by 2030. The second is jobs, as the industry could mean jobs and opportunities for the UK, with a report by Ernst & Young estimating that a thriving shale industry would create up to 64,000 jobs. The third is benefits to communities, as those hosting shale developments will see a direct share of the benefits through an industry-funded package, and the shale wealth fund will mean that up to 10% of the tax revenues from shale gas deliver investment directly to local communities.
Jason McCartney (Colne Valley) (Con)
13. What assessment her Department has made of the potential effect of changes to subsidies on the predicted deployment rates of renewable energy by 2020.
The Secretary of State for Energy and Climate Change (Amber Rudd)
The Government announced a package of proposed cost control measures last year to tackle the projected overspend on renewable support schemes. As the costs of technologies come down, as they have, it is right that subsidies do so as well. We are fully committed to supporting renewable energy, but will do so at least possible cost to consumers and businesses.
Jason McCartney
I regularly meet the great number of businessmen and businesswomen in my constituency who are engaged in the renewables industry. Does the Secretary of State agree that we must support this kind of innovation and entrepreneurship in the renewables industry?
Amber Rudd
My hon. Friend is absolutely right about that, and the entire purpose of subsidies is to give new industry and innovations in the renewables industry a good start. Subsidies are not intended to be permanent; they are about getting these things started and giving them a good start so that they can then carry on and deliver secure renewable energy, subsidy-free.