Part of Oral Answers to Questions — Energy – in the House of Commons at 12:00 am on 11 November 1991.
The privatisation of coal in Britain will not close one pit and Opposition Members had better face that fact. The real question that must be faced is how the coal industry can best become competitive, because, whether it is in public or private ownership, it will not be able to sell coal to the generators if it does not. I am optimistic about the coal industry's ability to adjust itself to the market that exists and to be a thriving and growing industry.