I fully appreciate the hon. Gentleman's knowledge in this field and his support for this project. We worked together in Committee, when that knowledge was very well displayed.
It is reckoned that about half the wells that are currently usable will have closed by 2015 unless we do something. That is an important date, because the issue is not only the ability to shove the stuff down the wells, but keeping it there. If wells are not maintained, they deteriorate very quickly, and once they are capped they become useless. We need to take that into account, and I wonder whether the report will do so.
I wish to stray a little on to the issue of coal communities, because the provision of coal is an important matter. British coal is a massive resource that we need to tap. We have 300 years or so of energy beneath our feet, which means energy security in sizeable abundance. I hope that the coal community aspect is a consideration for the Minister in terms of the report.
We should not forget the potential investment opportunities in an export industry that could retrofit some of the 20,000 coal-fired power stations that are capable of it. What a fantastic market that could be, if we could sell a product to those power stations worldwide. We know that a new coal-fired power station is opened every week in China at present, so there is massive potential, but we have to be in the market now. That is why we need investment, and I hope that the Minister will be able to tell us that that particular area of activity will be covered in the report.
I welcome the Government's approach to this issue. I believe that there is a general consensus across the House that we are proceeding to attempt to exploit a carbon-free resource that lies in abundance beneath our feet. If we do that successfully, quickly and properly, my children and my grandchildren will thank us. If all I ever do in this House is play a small part in that process, I will consider my time here successful. I congratulate the Minister on the Bill and I wish it Godspeed. I look forward to working with whoever is concerned with this issue in the years to come.
Energy Bill
Proceeding contribution from
Brian Binley
(Conservative)
in the House of Commons on Wednesday, 24 February 2010.
It occurred during Debate on bills on Energy Bill.
Type
Proceeding contribution
Reference
506 c372 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2024-04-21 19:56:24 +0100
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_623497
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_623497
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_623497