Here are the climate-related sections of speeches by MPs during the Commons debate INEOS Chemicals: Grangemouth.
16:44 Chris McDonald (Labour)
All those measures complement the efforts being undertaken as part of the Grangemouth just transition. That is important, because the agreement we have announced today is not just about supporting a single site or a single company; it is about securing a stable industrial pipeline now and for many years to come. It is about having a clean break from the managed decline of the past and delivering the decade of national renewal that we promised for Grangemouth and for the whole UK. For those reasons, I commend this statement to the House.
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16:49 Andrew Bowie (Conservative)
Those businesses all say the same thing: the exorbitant taxation regime, increased and extended until 2030, is driving away investment. Couple that with the utterly astronomical cost of energy here in the UK, pushed ever higher by unnecessary green levies and carbon taxes, and it is no surprise that, in his response to today’s announcement, Sir Jim Ratcliffe said that
“We’ve had windfall taxes, we’ve had a ban on production licences—I need cheap sources of abundant ethane, and I do not have them, because the North Sea—because of Government policy—is declining rapidly…we paid £20 million last year in CO2 taxes, that will double in the next four or five years.”
Today’s announcement is welcome, but this Government could do so much more. We should scrap the energy profits levy and remove the punitive carbon taxes—we are not getting an exemption to the EU emissions trading scheme anyway, according to the EU Commission. We should incentivise, not punish. A Conservative Government will do all this and more when we return to office in three years’ time—unfortunately, those are three years I do not think British industry has.
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Chris McDonald (Labour)
I thank my hon. Friend for the close attention he gives to this area through his chairmanship of the Energy Security and Net Zero Committee. He started his question by mentioning the 500 jobs at Grangemouth, which perhaps we have not discussed enough. I really do understand how this announcement from the Government will bring certainty to those workers at Grangemouth as well as their families and their local community. It is incredibly important that we acknowledge that.
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Graham Leadbitter (SNP)
However, the announcement today does not help those at the neighbouring refinery whose jobs have already been lost. Although there may be some crossover support for nearby Mossmorran workers, there is still a substantial gap in support. Will the Minister finally accept that one of the most fundamental causes of the need for support is the fiscal regime being inflicted on oil and gas and the use of the energy profits levy, which make a just transition a near impossibility?
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