G20 and COP26 World Leaders Summit Debate

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Department: Cabinet Office
Wednesday 3rd November 2021

(2 years, 5 months ago)

Commons Chamber
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Boris Johnson Portrait The Prime Minister
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I think that our steel companies have done a great job in trying to reduce their carbon footprint. That is extremely hard for steel corporations, because they are one of the biggest emitters that we have. We must move towards zero-carbon steelmaking, while keeping a steelmaking industry in this country. The measures that the hon. Gentleman has described—such as the carbon border adjustment levy—are certainly worth considering.

Margaret Ferrier Portrait Margaret Ferrier (Rutherglen and Hamilton West) (Ind)
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The United Nations Secretary-General has said that it will be very difficult to secure the commitment needed for the 1.5° goal, and, in relation to new fossil fuel excavations, that

“we don’t need more oil and gas”.

Will the Prime Minister tell us what engagement his Government are having with the oil and gas industries to support them in their efforts to decarbonise sustainably?

Boris Johnson Portrait The Prime Minister
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We talk all the time to the oil and gas industry, which has a great and proud history in this country. I believe that the future for the industry—for hydrocarbons—is moving beyond the old combustion approach and towards the extraction of clean power. That is the direction in which we should be going.