Oral Answers to Questions
Debate between Alex Cunningham and Michael Fallon
Alex Cunningham (Stockton North) (Lab)
The Teesside Low Carbon consortium, comprising some of the country’s top companies and experts, was rightly disappointed when its innovative project for capturing and storing the carbon created by our energy intensive industries was rejected by the Government. We know that the project is on the reserve list, but is there any real hope that the project, which would take huge amounts of carbon out of the atmosphere, and which has the potential to drive thousands of jobs in an area where unemployment is as high as 10%, will receive financial and other support from the Government to make it a reality?
Michael Fallon
Let me be clear: this project was not rejected but placed on the reserve list. We are working with our two preferred bidders to take forward the carbon capture and storage competition. Should one of the two bidders drop out, we will of course look again at the situation.
Oral Answers to Questions
Debate between Alex Cunningham and Michael Fallon(11 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Michael Fallon
That is encouraging news and shows the strength of the small business sector in the north-west in particular. The key to encouraging small businesses is to continue to cut back the burden of red tape imposed by the last Government, to reduce the level of business taxation imposed by the last Government and to ensure that they have full access to finance through the banking system.
Alex Cunningham (Stockton North) (Lab)
T4. I am grateful to the Secretary of State for meeting my hon. Friend the Member for Sedgefield (Phil Wilson) and me to discuss the rejection of the bid for a regional growth fund grant by Durham Tees Valley airport and for his offer to meet representatives from the airport and the local enterprise partnership. Will he reaffirm his support for regional airports as drivers of economic development, and tell the House what he can do to help our Durham Tees Valley airport to deliver on its development plan and ensure that the airport is sustained well into the future?