UK Steel Production: Greensill Capital

Duncan Baker Excerpts
Thursday 25th March 2021

(3 years, 8 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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I will certainly look into the hon. Lady’s request. This is something that has been brought to my attention and I will try to see if we can publish something soon.

Duncan Baker Portrait Duncan Baker (North Norfolk) (Con) [V]
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It is absolutely right to support the steel industry, given the jobs and the simple fact that steel is a fundamental material in our construction industry, and the Government do. I am sure the Secretary of State will note my Environmental Audit Committee inquiry looking at sustainable building materials for the future, such as engineered wood, which is stronger than steel and embodies carbon. Does he agree that we must explore these avenues alongside supporting existing industries as we transition to a greener economy?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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I welcome my hon. Friend’s report and his contribution to the debate around the green industrial revolution. He is absolutely right that, alongside steel, we should consider all forms of innovative and novel materials—advanced materials—that can help us build back greener and more sustainably.