The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 1342 contributions
Net Zero, Energy and Transport Committee
Meeting date: 28 September 2021
Liam Kerr
Please answer that one first, minister.
Net Zero, Energy and Transport Committee
Meeting date: 28 September 2021
Liam Kerr
I asked the question because, according to your documents, the local authorities will have to pick up the pieces if things get to that stage. However, I have heard your answer.
Finally, given that the bus companies will be carrying more passengers for, I presume, less revenue, what incentive will they have to add new routes, particularly in rural or outlying areas?
Net Zero, Energy and Transport Committee
Meeting date: 28 September 2021
Liam Kerr
Nick Halfhide, you talked in your opening remarks about the nature crisis and biodiversity loss. You have just spoken about biodiversity targets. Do you have plans to mark the current baseline for biodiversity to ensure that the impact of any new policies or of your work to achieve those targets can be measured?
Net Zero, Energy and Transport Committee
Meeting date: 28 September 2021
Liam Kerr
My second question concerns the cut in the Scottish Government’s budget allocation to Zero Waste Scotland of £4 million between 2019-20 and 2020-21. When I had a look at your latest accounts, I saw that the Scottish Government grant was down by £1.5 million in 2020-21. One would have thought that that would have had quite a significant impact on your ability to deliver the outcomes that you are trying to deliver. What impact has it had?
Net Zero, Energy and Transport Committee
Meeting date: 21 September 2021
Liam Kerr
I will ask a few straight questions on the finances, because it is not my area of expertise at all.
The Scottish Parliament information centre briefing estimates that the set-up and operating costs between 2018 and 2023 will be £49.9 million. However, that was before Covid. What are the current estimated costs to fully establish the bank? What do you project to be the annual operating costs going forward? When is the bank expected to meet the operating costs from its revenue income?
Net Zero, Energy and Transport Committee
Meeting date: 21 September 2021
Liam Kerr
My question is for Scottish Enterprise and is perhaps for Ewan Mearns. The north-east is going through a transitional time; The Press and Journal reported yesterday that Aberdeen is facing a
“challenge not like anything in its history”,
partly because of the energy transition and the oil and gas downturn. There are people who say that the north-east needs a dedicated enterprise agency that would focus solely on the needs of the north-east. What does Scottish Enterprise think about that proposition?
Net Zero, Energy and Transport Committee
Meeting date: 21 September 2021
Liam Kerr
That would be great. I just really want to know whether £49.9 million is still the salient figure. To follow that up, obviously, there is a significant cost to the taxpayer. Is there any concern about a duplication of cost to the taxpayer, given that other agencies are involved in the area, as we heard about earlier this morning?
Net Zero, Energy and Transport Committee
Meeting date: 21 September 2021
Liam Kerr
Eilidh Mactaggart spoke about the policy decision not to invest in oil and gas. A huge amount of research and innovation is going on in the oil and gas sector in relation to the transition to renewables and reducing emissions, which seems to be on point with what the bank is all about. Might a policy of refusing to consider anything that relates to oil and gas have unintended consequences?
Net Zero, Energy and Transport Committee
Meeting date: 21 September 2021
Liam Kerr
I will explore a slightly different issue although, again, this might be a case of clearing up my understanding. I think that I am right to say that the bank is not currently authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. How is it still a bank, given that it is not regulated in that way? Do you have plans to formally become a bank or to become so regulated?
Net Zero, Energy and Transport Committee
Meeting date: 21 September 2021
Liam Kerr
I understand. I see that the British Business Bank publishes a rate of return to demonstrate the taxpayers’ return on investment, with a targeted return on average capital employed of more than 2 per cent. Does your bank plan to do likewise?