May I offer a warm welcome to the very measured statement made by my right hon. Friend? It really will set us on a transformational agenda in terms of the future low-carbon economy worldwide. Given that carbon abatement technology is the new black gold, will he carefully examine what can be done in areas such as the former coalfields in north Staffordshire, where there used to be many jobs in mining? Will he work with the regional Minister and the regional development agency to see how the former Chatterley Whitfield colliery in my constituency, which produced more than 1 million tonnes of coal in its heyday, can be transformed so that the people still living around that site have opportunities for new manufacturing work in carbon abatement technology?