Wednesday 21st October 2026

(1 day, 23 hours ago)

Commons Chamber
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Michael Shanks Portrait Michael Shanks
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We have heard loud and clear that the standing charge is the most frustrating part of the bill for people, because it is not driven by the individual choices they make about energy use but by a fixed price on the bill. The challenge with gas in particular is that we want people to use less, but there is little incentive to do that if the standing charge remains the same. I do not pretend it will be easy: the standing charge still has costs that have to be paid for and the gas network still has to be funded, but the Prime Minister has committed to working through how we can make the standing charge fairer and encourage people to make decarbonisation choices for affordability reasons. That is important for all of us and, crucially, it will bring down people’s bills.

Stella Creasy Portrait Ms Stella Creasy (Walthamstow) (Lab/Co-op)
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The Minister will know that the climate science is clear that opening any new North sea oil and gasfields is incompatible with achieving our Paris climate agreement goal of limiting warming to 1.5°C. He will know that Jackdaw alone is worth 35 million tonnes of carbon dioxide, and Rosebank a further 250 million tonnes. What can he say to my constituents in Walthamstow who are still clearing up after the wildfires that burned down their homes and damaged their houses, and are now terrified about flooding from El Niño, about how this decision, our work on reducing emissions and the fund that he has mentioned will help to protect their future?

Michael Shanks Portrait Michael Shanks
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I hear what my hon. Friend says. On her last point, we are absolutely seized of the fact that the wildfires and the impact that heatwaves have had on people’s lives is evidence enough, if anyone ever needed it—I know she certainly does not because she has been a champion on this issue for a long time—that we have to take firm action on tackling climate change. That requires us to design a pathway to get to net zero that recognises the fact that we will need oil and gas as part of that transition, and that there are lower emissions coming out of the North sea than otherwise, but balancing that against significant investment, which must be made as quickly as possible, in renewables, nuclear and other technologies that help us get off the fossil fuels on which we are currently dependent. That is the only long-term pathway to energy security and to tackling the climate crisis, and we are doing everything we can to get there as quickly as possible.