Energy Profits Levy: North-east Scotland

Debate between John Cooper and Dan Tomlinson
Tuesday 14th October 2025

(2 weeks, 2 days ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Dan Tomlinson Portrait Dan Tomlinson
- Hansard - - - Excerpts

As I said just a few moments ago, 100,000 jobs are directly or indirectly linked to the work and activities in this sector, and it is vital that we support people with that transition. In the long-term, carbon capture and storage alone is expected to support 50,000 skilled jobs by 2050 as we move towards a clean energy transition. I am acutely aware—I have heard it from Opposition Members, and I am sure that I will hear it from my hon. Friends in a second—that we must get the balance right between the timing of phasing out and winding down production in the North sea, and ramping up the clean energy and good jobs that we need for the future. We have to do all we can to protect the sector.

John Cooper Portrait John Cooper
- Hansard - -

Will the Minister give way on that point?

Dan Tomlinson Portrait Dan Tomlinson
- Hansard - - - Excerpts

I will first take the intervention from my hon. Friend the Member for Edinburgh South West (Dr Arthur).

Dan Tomlinson Portrait Dan Tomlinson
- Hansard - - - Excerpts

I believe the hon. Member for Moray West, Nairn and Strathspey (Graham Leadbitter) was slightly quicker in standing up than my hon. Friend.

I do understand my hon. Friend’s points. It is very important not to be cowardly in politics, which is why I will make sure that we come forward as fast as we can to set out the approach after the EPL is set to end. This Government, under the leadership of a whole range of Cabinet Ministers, is making sure that we can provide that long-term certainty, not chopping and changing when it comes to our policies on net zero.

The hon. Member for Gordon and Buchan mentioned energy security, which links to the challenge we have with energy bills. It is worth recognising the truth that, even if we extracted every single drop of oil and gas in the North sea, that would not make any material difference to people’s energy bills or the prices that people pay at the pump. Oil and gas are traded on international markets, and given the declining basin on the UK continental shelf, domestically produced oil and gas do not do anything to reduce prices. In fact, it is our reliance on oil and gas that leaves British consumers exposed to unstable fossil fuel markets.

In closing, this Government are determined to provide a balance—

John Cooper Portrait John Cooper
- Hansard - -

rose

Dan Tomlinson Portrait Dan Tomlinson
- Hansard - - - Excerpts

Does the hon. Member really wish to intervene? [Interruption.] Go on.

John Cooper Portrait John Cooper
- Hansard - -

I thank the Minister for giving way on that point: this is about balance. We need to find a balance in the transition of people coming out of oil and gas and moving into renewables. The difficulty is that we cannot say to these highly-skilled people that there is a great job for them in renewables but it is going to be 10 years down the line. That is no use to them at all: they have bills to pay and families to feed. The balance is out of kilter, and I am afraid that the Government are getting this wrong.

Dan Tomlinson Portrait Dan Tomlinson
- Hansard - - - Excerpts

I disagree that the Government are getting this wrong. We are doing our best to try to find the right balance to support people, industry and jobs.

We will continue to provide a balanced, responsible and predictable regime for the UK oil and gas industry, which I hope will continue to drive growth, support workers and communities, protect our energy security and ensure a prosperous future for the North sea as we make our way towards net zero. Our commitment, and my commitment as a Minister, to the future of the North sea is clear, and I will continue to engage closely with the industry, workers and Members across the House on this important issue.

I again thank the hon. Member for Gordon and Buchan for securing this important discussion, and I thank Members from across the House for their contributions.

Question put and agreed to.