Oil and Gas

Nusrat Ghani Excerpts

Tuesday 24th March 2026 Commons Chamber

[Graham Stuart]

Does the hon. Gentleman realise—he may not, because I know that some of the stuff he is fed by those on the Government Front Bench may not help him—that whereas only 6.5% of electricity came from renewables in 2010, the proportion was over 50% when we left power? He can criticise the Conservative Government all he likes, but suggesting that one of the greatest transformations and moves to renewables by any country in the history of the world was some kind of non-event is to mislead the House, and I know that the hon. Gentleman, who is an honourable man, would never seek to do that.

[Madam Deputy Speaker (Ms Nusrat Ghani)]

Order. The right hon. Member is very experienced. He should say “inadvertently mislead the House”. We do not accuse colleagues of misleading the House. Would the right hon. Member like to correct the record?

[Graham Stuart]

I apologise, Madam Deputy Speaker. If I said anything to that effect, I withdraw it.

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[Brian Leishman (Alloa and Grangemouth) (Lab)]

I would like to draw the House’s attention to my membership of Unite the union.

I agree with my right hon. Friend the Member for Oxford East (Anneliese Dodds): the framing of this debate is somewhat misleading. The Conservatives and Reform have no real desire to lower people’s bills; nor are they interested in saving jobs or the prosperity of working-class communities. We can see that from looking at history. Let us look at the coalmines: right hon. and hon. Members on the Conservative and Reform Benches would have been on the side of Thatcher, MacGregor, Ridley, Walker and Heseltine. This debate is really about Tory and Reform Members revelling in the free market. The only extraction they really care about is that of corporate profit and shareholder dividends.

I am ideologically opposed to the Conservatives and Reform UK, but what really pains me is being at odds with my own party. I have been clear that there should be no ban without a plan, and there really must be a plan, because the danger is that oil and gas workers will become the modern-day coalminers. Thousands of workers are nervous about what the future holds, and they are right to be—they have seen billionaire Jim Ratcliffe’s Ineos and the Chinese state company PetroChina close the Grangemouth oil refinery, ending 100 years of Scottish industrial history. The Conservative Government did not want to know about the issue, and the SNP Government refused to engage with Ratcliffe, the Chinese and the trade unions that represent the workers even, though they knew about the planned closure for three years. The SNP abandoned the workers in the Grangemouth community.

Some £434.5 million has been committed for Grangemouth’s industrial future from this Labour Government—I have had to fight tooth and nail for it. The excellent news is that 500 jobs in the chemical industry have been saved, and that Project Willow is starting to deliver new jobs through the MiAlgae and Celtic Renewables announcements. However, I say to the Minister that the Government must match their ambitions with much more action. That means providing thousands of good, well-paid jobs and getting the new industries we need into Grangemouth and other industrial towns like it. There is still more than £190 million available in the National Wealth Fund for my constituency—we should start using it.

I also say to the Government that it is common sense to take at least some form of ownership in these new clean, green industries. They should break the cycle of reliance on private capital, foreign ownership and volatile fossil fuel markets and do more of what a Labour Government should.

[Madam Deputy Speaker (Ms Nusrat Ghani)]

For the final Back-Bench contribution, I call Gregory Stafford.

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[Gregory Stafford]

If I were being generous, I would say merely that the hon. Member has not listened to my speech or read the motion in front of us. I have not mentioned anywhere that we will be cutting back on renewable energy.

If Labour’s position is misguided, the Liberal Democrats’ position is outright reckless. They would pile further taxes on the North sea through an expanded energy profits levy, despite clear evidence that such measures deter investment and ultimately reduce tax revenues. Some analyses suggest that scrapping the EPL could deliver an additional £25 billion to the Treasury over the next decade. At the same time, the Liberal Democrats would smother the sector in layers of environmental, social and governance reporting and regulation, slowing down investment, increasing costs and driving production overseas. And for what? They would do so to meet accelerated net zero targets that are divorced from the reality of how Britain actually uses its energy.

Here is the fundamental point: electricity accounts for only around a fifth of our total energy use. The rest still comes from oil and gas for heating, transport and industry. We are not about to replace that overnight; nor are there credible plans to do so from this Government. The choice is not between oil and gas or renewables. We need both. The real choice is whether we produce that energy here under our own environmental standards, supporting British jobs and British revenues, or whether we import it from abroad at a higher cost and with higher carbon. The British public understand this. Around three quarters say that we should produce our own oil and gas rather than rely on imports, and they are right. Our plan recognises that. It backs domestic production, cuts unnecessary net zero taxes and delivers cheaper energy while maintaining our environmental commitments. I say to Ministers: stop outsourcing our energy; stop exporting our jobs; and stop pretending that dependence is a virtue.

[Madam Deputy Speaker (Ms Nusrat Ghani)]

I call the shadow Minister.