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Commons Chamber
Nuclear Energy (Financing) Bill
Report stage - Mon 10 Jan 2022
Department for Business, Energy and Industrial Strategy

Mentions:
1: Alan Brown (SNP - Kilmarnock and Loudoun) “Owned by a foreign power” means owned by a company controlled by a foreign state and operating for investment - Speech Link
2: Nigel Evans (CON - Ribble Valley) “Owned by a foreign power” means owned by a company controlled by a foreign state and operating for investment - Speech Link
3: Wera Hobhouse (LDEM - Bath) Renewables are significantly undercutting fossil fuels as the cheapest form of energy as the cost of - Speech Link
4: Virginia Crosbie (CON - Ynys Môn) Nuclear power is the only viable alternative to fossil fuels that the UK can implement in the timeframes - Speech Link
5: Kwasi Kwarteng (CON - Spelthorne) It would have prohibited investment from abroad. - Speech Link
6: Kwasi Kwarteng (CON - Spelthorne) Foreign investment is particularly eager to help to finance our way to net zero. - Speech Link
7: Alan Brown (SNP - Kilmarnock and Loudoun) this project to final investment stage? - Speech Link
8: Alan Brown (SNP - Kilmarnock and Loudoun) That is where the Government should start the targeted investment. - Speech Link
9: John Redwood (CON - Wokingham) The danger is that, if we do not do more to expand our capacity of the transition fuels as well as working - Speech Link
10: Mark Menzies (CON - Fylde) Member for Chelsea and Fulham (Greg Hands) for the support they have shown to Springfields nuclear fuels - Speech Link


Public Bill Committees
Finance (No. 2) Bill (Third sitting) - Wed 05 Jan 2022
HM Treasury

Mentions:
1: Lucy Frazer (CON - South East Cambridgeshire) taxation across different tax jurisdictions and puts UK-based insurers on a level playing field with overseas - Speech Link
2: Helen Whately (CON - Faversham and Mid Kent) The changes will also incentivise users of polluting fuels, such as diesel, to improve the energy efficiency - Speech Link
3: Helen Whately (CON - Faversham and Mid Kent) confirm that since March 2021, the Government will have committed a total of £30 billion of domestic investment - Speech Link
4: Abena Oppong-Asare (LAB - Erith and Thamesmead) The Treasury’s own net zero review stated that much of the current revenue from taxing fossil fuels was - Speech Link


Commons Chamber
Oral Answers to Questions - Wed 15 Dec 2021
Cabinet Office

Mentions:
1: Iain Stewart (CON - Milton Keynes South) Our recently published net zero strategy will leverage up to £90 billion of private investment by 2030 - Speech Link
2: Andrew Gwynne (LAB - Denton and Reddish) Scotland’s path to net zero, but are maintaining support for the Cambo oilfield, which would dig up more fossil - Speech Link
3: Iain Stewart (CON - Milton Keynes South) gas during that transition period—not just for energy, but for the all the other purposes for which fossil - Speech Link
4: Boris Johnson (CON - Uxbridge and South Ruislip) Well, you blocked the investment in them. - Speech Link
5: Boris Johnson (CON - Uxbridge and South Ruislip) We are investing massively in overseas aid—this country is spending £10 billion a year on overseas aid - Speech Link


Lords Chamber
Energy: Civil Nuclear Power - Thu 09 Dec 2021
No Department present

Mentions:
1: Lord Howell of Guildford (CON - Life peer) fossil fuels at speed—we will end up with horrendous spikes, blackouts, outages, suffering and political - Speech Link
2: Viscount Hanworth (LAB - Excepted Hereditary) It will also be required to replace the fossil fuels used in the production of such basic materials as - Speech Link
3: Lord Broers (CB - Life peer) If we do not follow this strategy we will have to continue to burn fossil fuels in the hope that we can - Speech Link
4: Lord Goodlad (CON - Life peer) The role of fossil fuels has diminished and they are being gradually phased out. - Speech Link
5: Lord Wigley (PC - Life peer) if we are to replace fossil fuels entirely to avert global warming, the UK has to eliminate most, if - Speech Link
6: Lord Grantchester (LAB - Excepted Hereditary) This raises the issue of critical national infrastructure and possible overseas threats. - Speech Link
7: Baroness Bloomfield of Hinton Waldrist (CON - Life peer) overseas investors into the UK’s nuclear sector, but all investment involving critical infrastructure - Speech Link


Lords Chamber
Scotland: Economic Recovery and Renewal - Thu 09 Dec 2021
No Department present

Mentions:
1: Baroness Fraser of Craigmaddie (CON - Life peer) The Scottish Affairs Committee recently noted in its report in September that investment in the national - Speech Link
2: Baroness Davidson of Lundin Links (CON - Life peer) This happens, for example, where we compare facts or figures, spending or investment, hospital waiting - Speech Link
3: Lord Foulkes of Cumnock (LAB - Life peer) they say:“We also have a network of eight offices worldwide who work to promote Scottish interests overseas - Speech Link
4: Lord Goodlad (CON - Life peer) There are many eager private investors in fossil fuels. - Speech Link
5: Lord Dunlop (CON - Life peer) businesses in north-east Scotland is that it would put at risk a managed and orderly transition away from fossil - Speech Link
6: Lord McNicol of West Kilbride (LAB - Life peer) No recovery will be long-lasting without education investment being at the heart of it. - Speech Link
7: Viscount Younger of Leckie (CON - Excepted Hereditary) That follows the biggest investment yet seen in tidal power, namely £20 million per year. - Speech Link


Commons Chamber
Oral Answers to Questions - Wed 01 Dec 2021
Cabinet Office

Mentions:
1: Edward Miliband (LAB - Doncaster North) He knows that we need to get others to phase out coal, and that we need to phase out fossil fuels. - Speech Link
2: Deidre Brock (SNP - Edinburgh North and Leith) hard work at COP26, but one issue missing from the Prime Minister’s ambition for the conference was fossil - Speech Link
3: Wera Hobhouse (LDEM - Bath) Synthetic aircraft fuels are still in their infancy. - Speech Link
4: Boris Johnson (CON - Uxbridge and South Ruislip) We are helping to build another 40 new hospitals with an injection of £36 billion of investment, which - Speech Link
5: Boris Johnson (CON - Uxbridge and South Ruislip) it gives Border Force the power to turn people back at sea, and it gives us the power to send people overseas - Speech Link
6: Tom Randall (CON - Gedling) Getting investment into Gedling is important. - Speech Link


Commons Chamber
Tidal Energy Generation: Ringfenced Funding - Thu 25 Nov 2021
Department for Business, Energy and Industrial Strategy

Mentions:
1: Ian Blackford (SNP - Ross, Skye and Lochaber) The ask remains for £71 million, which we genuinely believe is the level of investment that will allow - Speech Link
2: Alan Brown (SNP - Kilmarnock and Loudoun) is clearly welcome compared with where we were, but would a bigger pot of money not unlock greater investment - Speech Link
3: Ian Blackford (SNP - Ross, Skye and Lochaber) The modest Government support for which we are asking would unlock that private investment, and when - Speech Link
4: Ian Blackford (SNP - Ross, Skye and Lochaber) can make sure that we control the entire supply chain and have the potential to navigate away from fossil - Speech Link
5: Ian Blackford (SNP - Ross, Skye and Lochaber) Of course the £20 million of investment that was announced yesterday is important, because it will allow - Speech Link
6: Ian Blackford (SNP - Ross, Skye and Lochaber) It is about creating the circumstances, by kickstarting the sector with modest Government investment, - Speech Link
7: Ian Blackford (SNP - Ross, Skye and Lochaber) this emerging green energy sector or sit back and watch our sector-leading companies move wholesale to overseas - Speech Link


Westminster Hall
Energy-intensive Industries - Wed 24 Nov 2021
Department for Business, Energy and Industrial Strategy

Mentions:
1: Jack Brereton (CON - Stoke-on-Trent South) There was also confirmation this month of the highly significant £200 million Government investment in - Speech Link
2: Jack Brereton (CON - Stoke-on-Trent South) million project led by the Mineral Products Association and Hanson UK to trial a mix of 100% net zero fuels - Speech Link
3: Stephen Kinnock (LAB - Aberavon) Higher electricity prices also act as a disincentive for investment from international steel companies - Speech Link
4: Holly Mumby-Croft (CON - Scunthorpe) must end the unfairness that UK energy-intensive manufacturing pays so much more than our competitors overseas - Speech Link
5: Chris Green (CON - Bolton West) Much of the UK’s nuclear industry is based in the north-west of England, and the Springfields fuels centre - Speech Link
6: Alan Brown (SNP - Kilmarnock and Loudoun) We need that support as we move from a reliance on fossil fuel towards renewable energy.The hon. - Speech Link
7: Jack Brereton (CON - Stoke-on-Trent South) There is increased investment in R&D now, with a doubling of R&D spending in the UK. - Speech Link


Commons Chamber
Oral Answers to Questions - Wed 24 Nov 2021
Cabinet Office

Mentions:
1: Boris Johnson (CON - Uxbridge and South Ruislip) Most important of all, by putting the huge investment we are making now in health and social care, we - Speech Link
2: Boris Johnson (CON - Uxbridge and South Ruislip) Gentleman talks about infrastructure investment. - Speech Link
3: Caroline Lucas (GRN - Brighton, Pavilion) the Prime Minister, but last week, when he said that COP26 showed that we could end our reliance on fossil - Speech Link
4: Boris Johnson (CON - Uxbridge and South Ruislip) Not only are we powering past coal towards the ending of fossil fuel reliance in our energy generation - Speech Link
5: Boris Johnson (CON - Uxbridge and South Ruislip) What I do not want to do is pitchfork away wantonly all Chinese investment in this country, or minimise - Speech Link
6: Holly Mumby-Croft (CON - Scunthorpe) Monday about ending the unfairness of our high energy-intensive industries paying more than is paid overseas - Speech Link
7: Boris Johnson (CON - Uxbridge and South Ruislip) Friend is right to say that investment in kids’ early years is absolutely crucial. - Speech Link


Public Bill Committees
Nuclear Energy (Financing) Bill (Third sitting) - Thu 18 Nov 2021
Department for Business, Energy and Industrial Strategy

Mentions:
1: Matthew Pennycook (LAB - Greenwich and Woolwich) release accompanying the publication of the Bill stated:“The RAB model will reduce the UK’s reliance on overseas - Speech Link
2: Alan Whitehead (LAB - Southampton, Test) The proposal is for a RAB scheme to cover the project’s investment costs. - Speech Link
3: Greg Hands (CON - Chelsea and Fulham) The RAB allows us to bring new sources of financing into nuclear projects and reduce our reliance on overseas - Speech Link
4: None It could also include some Government investment at the point of a transaction. - Speech Link
5: Matthew Pennycook (LAB - Greenwich and Woolwich) I take the point about the National Security and Investment Act. - Speech Link
6: Greg Hands (CON - Chelsea and Fulham) Of course, the final investment decision has not yet been taken on Sizewell C. - Speech Link
7: Matthew Pennycook (LAB - Greenwich and Woolwich) do not know how much, but potentially—and about not wishing to exclude foreign investment. - Speech Link


Lords Chamber
Climate Change: COP 26 - Thu 18 Nov 2021
Foreign, Commonwealth & Development Office

Mentions:
1: Baroness Boycott (CB - Life peer) on the speed of phasing out fossil fuels. - Speech Link
2: Baroness Sheehan (LDEM - Life peer) I shall restrict my remarks to the emission of greenhouse gases from the burning of fossil fuels and - Speech Link
3: Viscount Hanworth (LAB - Excepted Hereditary) Without this electricity, we would not be able to replace fossil fuels, and if we were to forgo these - Speech Link
4: Baroness Worthington (CB - Life peer) Let us look again at the supply of fossil fuels. - Speech Link
5: Lord Goldsmith of Richmond Park (CON - Life peer) public financing for all unabated fossil fuels. - Speech Link


Commons Chamber
Oral Answers to Questions - Tue 16 Nov 2021
Department for Business, Energy and Industrial Strategy

Mentions:
1: Kwasi Kwarteng (CON - Spelthorne) to say that since the strategy was published we have already launched a £200 million life sciences investment - Speech Link
2: Stephen Metcalfe (CON - South Basildon and East Thurrock) Department that was delivered during the spending review, a good chunk of which will, I hope, support investment - Speech Link
3: Philip Hollobone (CON - Kettering) in manufacturing investment, demonstrated by Alpro at its superb manufacturing site in Burton Latimer - Speech Link
4: Seema Malhotra (LAB - Feltham and Heston) Governments around the world are committing to their steel industries with long-term investment, but - Speech Link
5: Huw Merriman (CON - Bexhill and Battle) What more can the Government do to support sustainable aviation fuels, and does the Minister agree that - Speech Link
6: Matthew Pennycook (LAB - Greenwich and Woolwich) State made the case for a decisive shift towards clean energy and away from what he termed “volatile fossil - Speech Link
7: Edward Miliband (LAB - Doncaster North) Too often, this Government face both ways: the Cumbria coal mine, the Cambo oil field, cutting overseas - Speech Link
8: David Evennett (CON - Bexleyheath and Crayford) energy system that is less dependent on volatile fossil fuels? - Speech Link
9: Kirsten Oswald (SNP - East Renfrewshire) This UK Government are simply failing to support Scotland’s potential for green investment. - Speech Link


Lords Chamber
COP 26 - Tue 16 Nov 2021
Leader of the House

Mentions:
1: Baroness Smith of Basildon (LAB - Life peer) Yet Rishi Sunak’s Budget failed to mention climate change; it did not secure the necessary green investment - Speech Link
2: Lord Newby (LDEM - Life peer) Does she agree that choking off finance for new fossil fuel exploration and development is potentially - Speech Link
3: Baroness Evans of Bowes Park (CON - Life peer) However, I still maintain that this was the first time that a pact has mentioned coal power and fossil - Speech Link
4: Baroness Bottomley of Nettlestone (CON - Life peer) in hydrogen and major investment in carbon capture. - Speech Link
5: Baroness Evans of Bowes Park (CON - Life peer) We also had 45 nations pledge action and investment to protect nature and to shift to more sustainable - Speech Link


Commons Chamber
COP26 - Mon 15 Nov 2021
Cabinet Office

Mentions:
1: Keir Starmer (LAB - Holborn and St Pancras) Cutting overseas aid does not build trust; it destroys it. - Speech Link
2: Ian Blackford (SNP - Ross, Skye and Lochaber) Meeting our targets also means rapidly increasing investment in green jobs. - Speech Link
3: Ed Davey (LDEM - Kingston and Surbiton) While China and India stopped a better deal on fossil fuels at COP, they cannot stop the Prime Minister - Speech Link
4: Edward Leigh (CON - Gainsborough) Their whole future depends now—this minute—on fossil fuels; otherwise, they might literally starve. - Speech Link
5: Debbie Abrahams (LAB - Oldham East and Saddleworth) In the new planning framework, will the Prime Minister be ruling out fossil fuel developments? - Speech Link
6: Boris Johnson (CON - Uxbridge and South Ruislip) We will have no more coal from 2024, and around the world we are no longer investing in fossil fuels. - Speech Link
7: Anna McMorrin (LAB - Cardiff North) fuel projects overseas, locking communities into that fossil-fuel era for decades? - Speech Link
8: Boris Johnson (CON - Uxbridge and South Ruislip) like the solid granular commitments that the countries of the world made, including no new support for overseas - Speech Link


Grand Committee
Quantitative Easing (Economic Affairs Committee Report) - Mon 15 Nov 2021
No Department present

Mentions:
1: Lord Forsyth of Drumlean (CON - Life peer) There is little evidence to show that QE increased bank lending, investment or consumer spending by asset - Speech Link
2: Lord Monks (LAB - Life peer) secretariat and a galaxy of star witnesses, as the noble Lord, Lord Fox, said, from this country and overseas - Speech Link
3: Lord Griffiths of Fforestfach (CON - Life peer) I worked for 15 years as an adviser to an investment bank and got to know Otmar Issing well. - Speech Link
4: Lord Davies of Brixton (LAB - Life peer) deficits of pension funds—“that have had to be filled through higher employer contributions or greater investment - Speech Link
5: Lord Sikka (LAB - Life peer) era of QE, low interest rates, low corporate tax rates and low inflation, we have not seen any great investment - Speech Link