Oral Answers to Questions

Graham Leadbitter Excerpts

Tuesday 18th November 2025 Commons Chamber

[Michael Shanks]

I pay tribute to my hon. Friend, who has worked extremely hard with the Government and with the national wealth fund to ensure that we are bringing projects forward. More than 100 projects came forward for that £200 million investment by this Labour Government through the wealth fund; we are considering all of them, and hope to make announcements soon. However, as my hon. Friend will understand, given the substantial amounts of public money involved, we must ensure that due diligence in respect of all those businesses and projects is complete before we can make any announcements.

[Graham Leadbitter (Moray West, Nairn and Strathspey) (SNP)]

In the light of the deeply damaging situation at Mossmorran, what is the Minister’s assessment of the potential impact on the Acorn carbon capture, utilisation and storage project?

[Michael Shanks]

We are obviously still processing that news this morning, but I can say that I have had a number of conversations to ensure that the wider energy infrastructure as it relates to Mossmorran and to Grangemouth itself, and the pipelines that connect them, will not pose any risk to our energy system. As for the wider question of Acorn, I have taken that forward recently, having gained the carbon capture part of the brief, and I meet the company regularly. We have put money into that project because we want to see it succeed.