Asked by: Bill Esterson (Labour - Sefton Central)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether she has had discussions with representatives of the steel industry on the adequacy of funding for the clean steel fund; and if she will make a statement.
Answered by Nusrat Ghani - Minister of State (Minister for Europe)
The Government recognises the vital role that the steel sector plays across the UK economy, and we meet regularly with steel industry representatives to discuss a range of issues. We are continuing to work with the sector to understand its decarbonisation investment plans, and representatives for the steel industry have not raised the timings or scale of the Clean Steel Fund in recent months whilst these discussions have been ongoing.
Existing support for the steel industry’s decarbonisation efforts includes funding schemes such as the Industrial Energy Transformation Fund (IETF) and the Industrial Decarbonisation and Hydrogen Revenue Support (IDHRS).
Asked by: Bill Esterson (Labour - Sefton Central)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment she has made of the adequacy of the level of the clean steel fund.
Answered by Nusrat Ghani - Minister of State (Minister for Europe)
I refer the hon. Member to the answer I gave him on 12th July 2023, UIN 192830.
Written Evidence Mar. 05 2024
Inquiry: Industrial policyFound: planned around future industries, there is instead competition for resources like hydrogen (H 2) and clean
Written Evidence Mar. 05 2024
Inquiry: Industrial policyFound: IPO0002 - Industrial policy UK Steel Written Evidence
Mentions:
1: Paul Bristow (Con - Peterborough) Foundation industries, such as steel, glass and concrete producers, will develop the new technologies - Speech Link
2: Amanda Solloway (Con - Derby North) We have been delivering our 2021 hydrogen strategy through our £240 million net zero hydrogen fund to - Speech Link
Apr. 02 2024
Source Page: Huge boost for UK industry as government Supercharger rolls outFound: industries on competitive footing with global counterparts energy intensive industries (EII) including steel
Dec. 02 2023
Source Page: UK leads global action to protect rainforests, cut methane emissions and advance low carbon technologiesFound: multi-million pound package of measures to protect the world’s rainforests, encourage investment in clean
Mentions:
1: Baroness Bennett of Manor Castle (Green - Life peer) Clean air, clean water and soil are the crucial foundations for a healthy community. - Speech Link
2: Baroness Chapman of Darlington (Lab - Life peer) It is necessary to have that investigation and a clean bill of health from the NAO so that investors - Speech Link
3: Lord Bishop of Norwich (Bshp - Bishops) The fund is a lifeline for many residents. - Speech Link
4: Baroness Swinburne (Con - Life peer) and the UK shared prosperity fund. - Speech Link
5: Lord Mawson (XB - Life peer) I asked about not the towns fund but the levelling up fund. - Speech Link
Mentions:
1: Nia Griffith (Lab - Llanelli) increase in investment in infrastructure projects.We on the Opposition side have plans to make the UK a clean - Speech Link
2: Christina Rees (LAB - Neath) By investing in clean technologies, reducing carbon emissions and promoting circular-economy practices - Speech Link
3: Jessica Morden (Lab - Newport East) fund to invest over the next five years in the future of our sovereign steel industry. - Speech Link
4: Stephen Kinnock (Lab - Aberavon) renewal fund to drive and support the transformation of our steel industry in a way that sustains jobs - Speech Link
5: Sarah Jones (Lab - Croydon Central) We will use our flagship policies—the national wealth fund, GB Energy becoming a clean energy superpower - Speech Link
Mentions:
1: Lord Watson of Wyre Forest (Lab - Life peer) British Steel in Scunthorpe is looking to close its blast furnaces. - Speech Link
2: Lord Davies of Brixton (Lab - Life peer) I emphasise that the bedrock of an industrial strategy for this country must be a green prosperity fund - Speech Link
3: Lord Evans of Rainow (Con - Life peer) As a result of the UK’s global leadership in clean technologies, including the flagship contracts for - Speech Link