Speeches by Miliband.

“I will make a bit more progress. The second policy I wish to focus on is the Chancellor’s decision to take £150 off the cost of energy bills—that will be important for families across the country. It has been possible only thanks to a principled decision that she made to shift the cost of some levies into public spendi…”

“My hon. Friend is absolutely right. When we recently announced the small modular reactor fleet at Wylfa in north Wales, we saw the huge opportunities, not just for the areas where nuclear power stations are being built, but rippling across the supply chain. That is why I am so proud of the investments that we have been…”

“Let me develop my argument, because this point is crucial: we can tackle the affordability crisis that people face only by investing in the future. Our vision of what makes an economy succeed is different from that of Conservative Members. We believe that public investment crowds in and does not crowd out private inves…”

“I will not, for a few minutes. The result is new jobs building wind turbines at Siemens Gamesa in Hull, new jobs making transformers in Stafford, new jobs making heat pumps in Derby, and new jobs at Sumitomo’s new factory at the Port of Nigg—some of the 400,000 additional clean energy jobs that we expect our mission to…”

“The mandate that the British people voted for was a mandate to change this country, given the problems that we inherited from the last Government.”

“I have already given way to the hon. Gentleman. With Russia still at war in Ukraine, with deep tensions in the middle east, and with NATO being tested, this is ridiculous irresponsibility from the Conservatives. [Interruption.] The hon. Member for West Aberdeenshire and Kincardine (Andrew Bowie) should listen to this. …”

“I will not.”

“Let me make a bit more progress. My second point is about public spending. In the spending review and the Budget, my right hon. Friend the Chancellor made the crucial decision not to return to austerity. She could have made a different choice and cut public services—I think that is what Conservative Members would go ba…”

“Yes, the right hon. Lady says. The Conservatives are the people who lost it all in the fossil fuel casino, and now they say, “Let me just have one more go at the roulette wheel. This time it will be different. Cross your fingers and hope for the best.” Let us think about this. What are they betting on? In today’s world…”

“If we look at the average of bills in 2025 versus 2024, they are lower. I hope that the hon. Lady will support our cuts to energy bills in April, when they come in.”

“I will in a moment—let me develop my argument. The Conservatives say that this was their idea in the first place, but there is a crucial difference: they proposed abolishing the renewables obligation—”

“But they had with no way of paying for it. “Yes”, says the hon. Gentleman. This is quite extraordinary—all the sins of opposition combined into one. The Conservatives had 14 years to do it, but they never did, and suddenly it is such a great idea to just abolish the renewables obligation.”

“The hon. Gentleman asks an important question; let me write to him with the detail on his point. We want as many people as possible across our country to benefit from this policy. By making different choices from those made in the past, my right hon. Friend the Chancellor is able to invest in the long term. She is deli…”

“On that question, I refer to the answer I gave a few minutes ago. My hon. Friend made a really important wider point. All hon. Members should ask this: when people look back in 10 or 20 years, will they say, “Why were they going on about that climate change business? That all turned out to be a passing fad.” I do not t…”

“The hon. Lady should tell her constituents that we played a big role in helping to devise the TFFF, that we have absolutely not ruled out contributing to it in the future and that we are determined that the fund succeeds. As I have said, we will obviously keep the question of a UK contribution under review.”

“I just do not agree with the right hon. Gentleman—he and I have been having this disagreement for 20 years. I will concentrate on his first question. The truth is—I say this to him in all honesty—if we disengage from the world, it will not serve Britain’s interests; it will harm our interests. When we think about all t…”

“I will be brief. My hon. Friend raises the issue of the banks. I encourage her to contribute to our consultation on transition plans for financial institutions and large companies, because that is an important part of making sure that the investments being made are aligned with net zero and the wider argument on tackli…”

“That is a good point to end on. I congratulate the students at Ashlawn school for their interest. With the greatest of respect to all Members of this House, the young people at that school will have to live with the consequences of the decisions we make for much longer than us. I intend to live for a long time; neverth…”

“My hon. Friend makes a really important point, and I will concentrate on the first bit of her question. This is very much about the just transition. Seventy thousand jobs were lost in the North sea under the last Government and they did not put in place the alternatives. That is why our investments in carbon capture an…”

“I could not disagree more with the hon. Lady. Honestly, this is a really important point: either we engage in international action on the global stage or we do not. We are 1% of global emissions, and unless we engage with the countries that produce the other 99% of global emissions, we will never keep our country safe.…”