UK Parliament / Open data

Oil and Gas Producers: Windfall Tax

Opposition day on Tuesday, 1 February 2022, in the House of Commons, led by Ed Miliband and Jonathan Reynolds. The answering members were Greg Hands, Imran Hussain and Lee Rowley.
Eleventh Opposition day debate (part two). Question agreed to on division (192 votes to 0).
Type
Parliamentary proceeding
Reference
708 cc201-251 
Session
2021-22
Chamber / Committee
House of Commons chamber
Proceeding contributions
Baroness Winterton of Doncaster | 708 c202 (Link to this contribution)

I inform the House that Mr Speaker has not selected amendment (a) in the name of the hon. Member ...

Ed Miliband | 708 c202 (Link to this contribution)

I beg to move,

That this House notes the cost-of-living crisis hitting families across the ...


Show all contributions (95)
Rupa Huq | 708 c202 (Link to this contribution)

Does not my right hon. Friend agree that the Government’s version of the energy price cap, along ...

Ed Miliband | 708 c203 (Link to this contribution)

I thank my hon. Friend for that intervention. I am old enough to remember when an energy price ca...

John Redwood | 708 c203 (Link to this contribution)

I am glad the right hon. Gentleman is highlighting this issue. Does he agree that gas prices are ...

Ed Miliband | 708 cc203-4 (Link to this contribution)

The right hon. Gentleman and I differ somewhat on this. The real problem is that we have not gone...

Tim Loughton | 708 c204 (Link to this contribution)

The right hon. Gentleman is setting out the problem, but the trouble is that his solutions do not...

Ed Miliband | 708 cc204-5 (Link to this contribution)

I will answer all the hon. Gentleman’s points. We would raise £1.2 billion from the windfall tax....

Matt Western | 708 c205 (Link to this contribution)

My right hon. Friend is making a powerful speech. He has identified the immediate issue of energy...

Ed Miliband | 708 cc205-6 (Link to this contribution)

My hon. Friend has made a powerful point.

Labour has come up with a clear and costed plan. ...

Alan Brown | 708 c206 (Link to this contribution)

In 1998, when Labour was in power, oil prices bottomed out at $12 a barrel. By 2008, the price ha...

Ed Miliband | 708 c206 (Link to this contribution)

I am very proud of the investments that the last Labour Government made in our public services.

Alexander Stafford | 708 c206 (Link to this contribution)

Will the right hon. Gentleman give way?

Ed Miliband | 708 c206 (Link to this contribution)

No, I am going to make progress.

The truth is—we cannot get away from it—that the Conservat...

Lee Rowley | 708 cc206-7 (Link to this contribution)

Thank you, Madam Deputy Speaker, for giving me the opportunity to open yet another Opposition day...

Alan Brown | 708 c207 (Link to this contribution)

The right hon. Member for Doncaster North (Edward Miliband) pointed out that Ofgem will be settin...

Lee Rowley | 708 c207 (Link to this contribution)

I will come to that in a moment, just as I will come to the sedentary exhortations from the right...

Lee Rowley | 708 c207 (Link to this contribution)

If I were not being heckled, I might get on with it.

As most of the House knows, and as mos...

Lee Rowley | 708 c208 (Link to this contribution)

If the hon. Gentleman will give me a moment, I will try to answer these questions. The first solu...

Jonathan Edwards | 708 c208 (Link to this contribution)

The Minister is right to say that we are in a unique position, but that requires a unique policy ...

Lee Rowley | 708 cc208-9 (Link to this contribution)

I am grateful to the hon. Gentleman for his intervention. The reason I articulate and go through ...

Janet Daby | 708 c209 (Link to this contribution)

The Conservative party has received more than £1.5 million in donations from companies and indivi...

Lee Rowley | 708 c209 (Link to this contribution)

What is the case with this Government is that we will take decisions in a proportionate and reaso...

Tim Loughton | 708 c210 (Link to this contribution)

My hon. Friend is being far too gentle on the Labour party. Is what we have heard from it not com...

Lee Rowley | 708 c210 (Link to this contribution)

My hon. Friend makes a number of hugely important and powerful points.

Lee Rowley | 708 c210 (Link to this contribution)

The hon. Gentleman has been waiting for a long time, so I am happy to give way.

Matt Western | 708 c210 (Link to this contribution)

The Minister is being generous with his time. We need to put his point about the drop in the ocea...

Lee Rowley | 708 cc210-1 (Link to this contribution)

I am very glad that the hon. Gentleman raises that point. I am not sure whether he was present at...

Lee Rowley | 708 c211 (Link to this contribution)

I will make progress.

The Labour party’s position is to immediately and artificially retard...

Stephen Flynn | 708 c211 (Link to this contribution)

First, reflecting on the Minister’s response to the shadow Secretary of State’s contribution, I a...

Imran Hussain | 708 c212 (Link to this contribution)

Not once in the Minister’s response did he talk about those ordinary people that are having to ch...

Stephen Flynn | 708 c212 (Link to this contribution)

Yes, absolutely I agree. Over a number of months, irrespective of the challenges that families ar...

Clive Lewis | 708 c213 (Link to this contribution)

Is the hon. Gentleman not making an excellent case for a just transition, where taxes such as thi...

Stephen Flynn | 708 c213 (Link to this contribution)

A just transition is at the forefront of my thoughts almost every day, because I see first-hand t...

David Duguid | 708 c213 (Link to this contribution)

I welcome many of the comments the hon. Gentleman makes, representing as he does the southern hal...

Stephen Flynn | 708 c213 (Link to this contribution)

Yes, it is £580 million more than the UK Government are putting in place. That does not start and...

Baroness Winterton of Doncaster | 708 c214 (Link to this contribution)

Order. As colleagues can see, this is a well subscribed debate. I encourage colleagues to keep th...

John Redwood | 708 c214 (Link to this contribution)

I welcome this opportunity for us to discuss one of the biggest issues facing the country. April ...

Clive Lewis | 708 c215 (Link to this contribution)

Over the past two years, the North sea oil and gas that was exported doubled. It is not our oil a...

John Redwood | 708 cc215-6 (Link to this contribution)

I was not talking about onshore gas at all; I was talking about North sea gas, which comes from u...

Imran Hussain | 708 c216 (Link to this contribution)

While the Prime Minister, the Government and Tory MPs have spent the past several months arguing ...

Jonathan Edwards | 708 c216 (Link to this contribution)

Does the hon. Member agree that there is an incentive for the Government to act, because people l...

Imran Hussain | 708 cc216-7 (Link to this contribution)

I absolutely agree with the hon. Gentleman, but the reality remains, as I stated earlier, that th...

David Duguid | 708 c217 (Link to this contribution)

Perhaps unsurprisingly, I rise to speak against the motion. I declare an interest, although it is...

Alan Brown | 708 c218 (Link to this contribution)

On the energy cap, is it not the case that it is not Government money that is protecting people? ...

David Duguid | 708 cc218-9 (Link to this contribution)

The hon. Member may have some data to back up his claim, but the decision, as was voted for in th...

Nia Griffith | 708 cc219-221 (Link to this contribution)

Labour’s plans would bring genuine help to millions of households across the country who are faci...

Peter Aldous | 708 cc221-2 (Link to this contribution)

I recognise the enormous challenges that many households are facing in struggling to pay their en...

Jonathan Edwards | 708 c222 (Link to this contribution)

Will the hon. Gentleman reflect on the point raised by the hon. Member for Aberdeen South (Stephe...

Peter Aldous | 708 c222 (Link to this contribution)

I thank the hon. Gentleman for that intervention. He may well be right, but that decision was mad...

Alan Brown | 708 c222 (Link to this contribution)

The fact that Norway is a small independent country actually backs up Scotland’s argument for ind...

Peter Aldous | 708 cc222-3 (Link to this contribution)

I think we are actually on the same side of the argument here. Norway has done remarkably well an...

Tahir Ali | 708 cc223-4 (Link to this contribution)

Over the past few months, I have been approached by numerous constituents in Birmingham, Hall Gre...

Andrew Bowie | 708 cc224-5 (Link to this contribution)

It is a pleasure to rise to speak in this debate and to follow the remarks of the hon. Member for...

Julie Elliott | 708 cc225-7 (Link to this contribution)

In starting my contribution in support of Labour’s proposal, I would like to consider what it is ...

Robert Syms | 708 c227 (Link to this contribution)

We have had a pandemic, and the Prime Minister and the Chancellor put £400 billion into the econo...

Alan Brown | 708 c227 (Link to this contribution)

The impact assessment for the Nuclear Energy (Financing) Bill gives an upper-limit estimate of £6...

Robert Syms | 708 cc227-8 (Link to this contribution)

Yes, it is very good value for money, because that is a lot cheaper than Hinkley Point C. The rea...

Peter Dowd | 708 cc228-9 (Link to this contribution)

Yesterday, many Conservative Members, not many of whom are here today, said that they wanted to t...

Nigel Evans | 708 c229 (Link to this contribution)

I thank the hon. Gentleman for being so succinct. As Members can see, there are 12 standing. I ad...

Nadia Whittome | 708 cc229-230 (Link to this contribution)

It is clear to anyone living in this country that we are experiencing a cost of living crisis. As...

Hilary Benn | 708 cc230-1 (Link to this contribution)

We are facing two energy crises. The first is the one that is right in front of us. In opening th...

Dan Carden | 708 c231 (Link to this contribution)

We associate energy poverty with the poorest people and the most deprived communities. Liverpool,...

Kerry McCarthy | 708 cc231-3 (Link to this contribution)

I do not know whether any of my colleagues present listen to the “Political Thinking with Nick Ro...

Sarah Olney | 708 c233 (Link to this contribution)

It is a real pleasure to participate in this debate, particularly because we have heard so much f...

David Duguid | 708 c233 (Link to this contribution)

On the UK Government’s plans for transition, may I politely refer the hon. Member, just as a star...

Sarah Olney | 708 c234 (Link to this contribution)

I have read the Prime Minister’s 10-point plan for a green industrial revolution, and it gives no...

Alan Brown | 708 cc234-6 (Link to this contribution)

One thing we all seem to agree on is that there is a cost of living crisis, although the Tories s...

Mick Whitley | 708 c236 (Link to this contribution)

I applaud my right hon. Friend the Member for Doncaster North (Edward Miliband), the shadow Secre...

Mick Whitley | 708 cc236-7 (Link to this contribution)

No—[Interruption.] I am sorry.

Even so, that is not enough for this Cabinet of millionaires...

Ian Byrne | 708 cc237-8 (Link to this contribution)

The impact of the cost of living crisis on my constituents and people across the country is truly...

Richard Thomson | 708 cc238-240 (Link to this contribution)

That we are living presently with a cost of living crisis is surely undeniable. Inflation is at 5...

Janet Daby | 708 cc240-1 (Link to this contribution)

It is a real honour to speak in the debate. The hon. Member for West Aberdeenshire and Kincardine...

Sarah Owen | 708 cc241-3 (Link to this contribution)

Before I start, may I say gōng xı̌ fā cái—happy lunar new year—to everybody celebrating today? Wh...

Bell Ribeiro-Addy | 708 cc242-4 (Link to this contribution)

The planned rise in energy bills will be devastating for tens of millions of households, and it i...

Wera Hobhouse | 708 cc244-5 (Link to this contribution)

I support the motion for a windfall tax on the profits of oil and gas companies. Household utilit...

Jonathan Reynolds | 708 cc245-8 (Link to this contribution)

Thank you for calling me to close today’s debate, Mr Deputy Speaker. Throughout the debate, there...

Greg Hands | 708 c246 (Link to this contribution)

This has been a useful debate. May I start by paying tribute to those workers who are working har...

Dan Carden | 708 c246 (Link to this contribution)

While the Minister is on his feet, will he respond to the comment from the head of BP that his co...

Greg Hands | 708 c246 (Link to this contribution)

We have ourselves raised more than £375 billion-worth of production taxes. North sea oil and gas ...

Greg Hands | 708 cc246-9 (Link to this contribution)

No, I am going to make a bit more progress.

The oil and gas industry and its supply chain a...

Debbie Abrahams | 708 c249 (Link to this contribution)

I hope the Minister will forgive me if I point out that an increase in the energy price cap is li...

Greg Hands | 708 c249 (Link to this contribution)

I would say this: we are providing support. We have the warm homes discount, we have winter fuel ...

Alan Brown | 708 c249 (Link to this contribution)

All the policies that the Minister has described as helpful are policies that already exist. Is h...

Greg Hands | 708 cc249-250 (Link to this contribution)

I have been clear that matters of taxation are for the Chancellor, but of course the Government c...

Greg Hands | 708 cc250-2 (Link to this contribution)

I will make a bit more progress.

We will see commitments from industry that will achieve a ...

Nigel Evans | 708 c251 (Link to this contribution)

The Question is as on the Order Paper. As many are of that opinion say “Aye”—[Hon. Members: “Aye!...

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