British Steel

Debate between Sarah Jones and Jonathan Brash
Tuesday 22nd April 2025

(1 week, 2 days ago)

Commons Chamber
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Sarah Jones Portrait Sarah Jones
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We deeply regret the choices that INEOS has made. As the hon. Gentleman knows, Grangemouth does not provide the only refining capacity in the UK, but he is right to say it is the only provision in Scotland, which is why we intervened with a package of support and a £200 million commitment from the national wealth fund for what happens to the site. The hon. Gentleman is right to stand up for people in Grangemouth over the issues that they are facing, and we are doing all we can. As I said in my statement, the position in Scunthorpe was unique and particular, but that does not mean that we do not care just as much about the people in Grangemouth and that we will not ensure that we do everything that we can to pursue to the future development of that site in a way that supports jobs.

Jonathan Brash Portrait Mr Jonathan Brash (Hartlepool) (Lab)
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I add my thanks to the Minister and her colleagues for their sterling work in recent weeks. It is true to say that Labour is saving steel. Some 68% of the steel this country needs is imported. That is a disgraceful legacy from the last Conservative Government, but it presents an opportunity for this Labour Government. Does the Minister agree that the next step we need to take is to mount robust trade protections, including bringing the carbon border adjustment mechanism forward to 2026 and making it mandatory for public procurement to use British steel, so that as we rebuild this country, we do it with British steel made by British workers?

Sarah Jones Portrait Sarah Jones
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My hon. Friend is right to say that we produce only about 30% of the steel we use in this country, and we must be much more ambitious about increasing that figure. He is also right to raise questions about carbon leakage and safeguards. The CBAM is being introduced in 2027. We are working through what happens in the interim period, how it works and how it interacts with the European CBAM—some changes are being made to what will be implemented. This work is obviously being led by the Treasury, but we are working really closely with the Treasury to ensure that the CBAM works in a way that protects the steel industry.

North Sea Energy

Debate between Sarah Jones and Jonathan Brash
Thursday 6th March 2025

(1 month, 3 weeks ago)

Commons Chamber
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Sarah Jones Portrait Sarah Jones
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If only I was able to confirm what will be in the spring statement, but clearly I cannot do that. We are hugely supportive of the Acorn project, which is an exciting opportunity. We will be investing �21.7 billion in carbon capture, after years of failure and prevarication by the previous Government. That is obviously subject to the spending review, and I cannot give the hon. Member the answer he is after, but I think this is a really exciting opportunity for Scotland. I have met representatives of many of the businesses involved and talked to them about what the potential could be.

Jonathan Brash Portrait Mr Jonathan Brash (Hartlepool) (Lab)
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I welcome the statement, particularly the Minister�s commitment that oil and gas will be with us for decades to come. Was she as surprised as I was to hear the announcement from Reform UK of a renewables investment tax that would destroy jobs in the North sea and in places such as Hartlepool, which I represent, as well as expose us to Vladimir Putin, and does she suspect that that is what Reform UK actually wants?

Sarah Jones Portrait Sarah Jones
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My hon. Friend is completely right to expose Reform�s arguments for the nonsense they are. The CBI brought out a report a week or so ago showing that the net zero economy grew by 10%, which is much faster than the wider economy. This is delivering jobs already, as well as investment from around the world, in part because we are the second most attractive country in the world in which to invest, as PwC has told us. The reality is that we can bring down bills, secure good jobs and make ourselves more energy secure, and Reform is living in the past.