Future of the Oil and Gas Industry — [Mr Charles Walker in the Chair]

Part of the debate – in Westminster Hall at 2:20 pm on 14th March 2019.

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Photo of Douglas Chapman Douglas Chapman Shadow SNP Spokesperson (Defence Procurement & Nuclear Disarmament) 2:20 pm, 14th March 2019

That is a fantastic option that Norway has, but in the UK we do not have that wealth fund to decide how we will invest in the future. That makes a bit of a mockery of us. We have had all that wealth; Norway has done a huge amount with theirs, but we have taken ours off our balance sheet and spent it as it came in. We should have put some away for future generations.