00:00This is about, and look, the key consideration for me in making this decision was partly energy
00:06security, because at a point when the conflict in the Middle East, which is triggering an energy
00:11crisis, is reinforcing the importance of homegrown energy we control, a project that delivers gas
00:19to our homes this month is important. But look, the second consideration for me was that this
00:25project was compatible with our legally binding climate commitments. And so I'm very clear
00:32that this project still allows us to meet our legal carbon limits and get to our end
00:38destination of net zero. And ultimately, look, the choice and the judgment is, as we transition
00:43to net zero, we're going to need gas. Our climate watchdog is also clear about that. So do we
00:49have gas produced on our doorstep, homegrown, or am I importing gas or oil from abroad where
00:57I can't put conditions on, for example, the emissions that come out of the production?
01:01And the common sense judgment for me is that it should be homegrown.
