(13 years, 9 months ago)
Commons ChamberFirst, as somebody whose constituency is not that far from Newcastle, I agree with the hon. Lady that we should appreciate all its wonderful characteristics, including its weather patterns. I agree that around the whole coast of the UK, we have much that we can exploit for renewable energy. On the specifics of the announcement on the green investment bank, we are taking the matter forward aggressively and she will hear further information announced very soon.
Does the Secretary of State agree that the green investment bank could open up tremendous potential for rebalancing the economy and creating a great many new jobs? For that to happen, it needs financial experience, research and development experience in the academic institutions and renewable energy experience, all of which are available in abundance in Scotland, and particularly in Edinburgh. It would therefore be a perfect location for the institution.
I commend my hon. Friend for his efforts to locate the green investment bank in Edinburgh. I welcomed the opportunity to meet him and the hon. Member for Edinburgh North and Leith (Mark Lazarowicz) recently to discuss that very issue. I and other Ministers look forward to hearing further details on the proposal in the near future.
(13 years, 11 months ago)
Commons Chamber11. What assessment he has made of the effects of the outcomes of the recent state visit to Edinburgh and London of the vice-premier of the People’s Republic of China on the renewable and low-carbon energy industries in Scotland.
China and the United Kingdom are key partners for growth in the future. This visit was another positive step in strengthening relationships, and it confirms Scotland’s reputation as a world leader in the continuing development and application of the new technology that helps to deliver clean green energy globally.
I thank the Secretary of State for his answer. Does he agree that investment worth £6 million in Scottish companies by the largest energy consumer in the world will provide a perfect showcase for the benefits of green technology? Does not the fact that Edinburgh seems set to see the creation of a renewable energy cluster in Leith docks further the case for the city to be the location for the new green investment bank? [Interruption.]
Order. There is far too much noise in the Chamber. That is unfair on the hon. Member asking the question, and on the Minister answering it. It also sends out a very bad signal to those listening to our proceedings.