10:00 Lindsay Hoyle (Other)

May I ask the Secretary of State what, specifically, the review after three months will be looking at and what the criteria will be for determining whether to extend the support? Secondly, how will the taxpayer be protected from energy traders inflating prices, knowing that the Government will be picking up a substantial slice of the costs come what may? Thirdly, what support will the Secretary of State be offering to businesses in the long term to protect themselves from rising energy costs through efficiency measures and the transition to renewable energy?

The hon. Gentleman raises the issue of transition. Gas is a transition fuel. The Government’s commitment to net zero remains, but we will need gas to heat people’s boilers for the immediate future, and we need to get it as cheaply as we possibly can, using all our domestic resources. Beyond that, there are exciting plans for carbon capture and storage and for hydrogen, which I think present a very attractive future for this country.

The Secretary of State’s announcements may have finally put a temporary brake on further terrifying price hikes, but they leave huge questions unanswered, including: what is the Government’s exit strategy? We need a proper solution to get us out of this crisis, by reducing our dependence on gas and upgrading buildings for the long term. Just yesterday, more than 100 top businesses wrote to the Government begging them for support for energy-efficiency and large-scale industrial decarbonisation. Can he explain why these businesses were so conspicuous by their absence in the measures he announced today, and will he remedy that now?

Businesses in Glasgow North West can literally see the turbines that are producing Scotland’s renewable energy. They are not feeling supported at the moment. Can the Secretary of State confirm that the businesses that are being supported most through this crisis are the energy producers and the gas and oil companies?

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