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Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 4 May 2021
  6. Session 6: 13 May 2021 to 25 March 2026
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Displaying 1716 contributions

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Economy and Fair Work Committee

Pre-budget Scrutiny 2025-26

Meeting date: 25 September 2024

Claire Baker

Other members will ask about those areas, so there will be an opportunity to say a bit more about them then. I am about to hand over to Lorna Slater, who will pick up on some of those themes, but, before I do, do you have any comment on the decision to move ScotWind’s revenues to resource funding?

09:15  

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

Colin Smyth, do you wish to ask a question before we close?

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

Thank you very much. That brings us to the end of this morning’s session. I thank Professor Roy and Professor Bell for their evidence. We now move into private session.

11:29 Meeting continued in private until 11:47.  

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

I will ask a couple of questions before I bring in Willie Coffey. Professor Bell, Professor Roy talked about the situation in Grangemouth being played out in real time, and you will know that, when the committee published its report, the news on the closure of the oil refinery, on the timescale that we are looking at now, was not in the public domain; we did not know that when we published the report.

We hope to have a debate in the chamber on the two reports. I think that everybody—or at least most people—accept that the oil refinery does not have a long-term future. It is the pace of the change that is difficult. Will you share your reflections on the current situation?

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

You have raised some of the issues that members will be asking questions about but, before we leave financing, I have a final question on what the barriers to private finance might be. America had a big fund to encourage renewables and Europe launched a big fund, but the UK was seen as being a bit behind. Obviously, we have had a new Government for the past few months, so we are at a different stage and changes could be coming down the line, but what are the barriers to private finance? Do we have sufficient policy clarity? Do our Governments look like they are open for business? Are there enough financial levers to encourage private finance compared with other countries?

Economy and Fair Work Committee

Decision on Taking Business in Private

Meeting date: 18 September 2024

Claire Baker

Good morning, and welcome to the 23rd meeting in 2024 of the Economy and Fair Work Committee. Our first item of business is a decision on whether to take items 3 and 4 in private. Are members content to take those items in private?

Members indicated agreement.

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

Thank you. I will bring in Michelle Thomson.

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

Professor Roy, do you want to add anything about what the barriers to private finance might be? Professor Bell spoke about interconnectedness between the UK Government and the Scottish Government and how addressing the challenges needs to be a shared venture. Is there more that we could do in Scotland to address the barriers to private finance, or are we waiting to see what the UK Government will do?

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

I am sorry, Mr Whittle, but we have other business this morning. I must ask you to bring your questions to a close.

Economy and Fair Work Committee

Just Transition

Meeting date: 18 September 2024

Claire Baker

Our next item of business is a joint evidence session with the Scottish Fiscal Commission and the United Kingdom Climate Change Committee on financing a just transition. The session comes ahead of an anticipated chamber debate on the committee’s two just transition inquiry reports. I welcome Professor Keith Bell, mitigation committee member from the UK Climate Change Committee, and Professor Graeme Roy, chair of the Scottish Fiscal Commission.

As I mentioned, the committee has undertaken two inquiries—one on Grangemouth and one on the north-east and Moray—reports on which have recently been published. There has been confirmation of the plan to close the oil refinery in Grangemouth next year. I ask the witnesses to give us an overview of how we finance a just transition. During the inquiries, we heard evidence about the significant resources that will be needed to achieve the transition. Given the scale of the challenge, there are fairly modest commitments from the Scottish and UK Governments at this point in time. Professor Bell, can you give us an idea of the levels of investment that are required and where we are at the moment on being able to make that investment?