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Departmental Publication (Transparency)
HM Treasury

Mar. 26 2024

Source Page: Whole of Government Accounts, 2021-22
Document: Whole of Government Accounts 2021-22 (web) (PDF)

Found: • Delivering a Hydrogen economy • Accelerating deployment of renewables • Reducing reliance on fossil

Lords Chamber
Offshore Petroleum Licensing Bill
2nd reading - Tue 26 Mar 2024
Department for Energy Security & Net Zero

Mentions:
1: Lord Lennie (Lab - Life peer) The more we depend on fossil fuels, the more we will depend on those who control, and set the prices - Speech Link
2: Lord Lilley (Con - Life peer) They will also replace any fossil fuels that we provided to the rest of the world. - Speech Link
3: Baroness Jones of Moulsecoomb (Green - Life peer) It does not matter from where on earth those fossil fuels are extracted or what the balance of trade - Speech Link

Departmental Publication (Transparency)
HM Treasury

Mar. 25 2024

Source Page: FRAB minutes and associated papers: 21 March 2024
Document: FRAB 152 (02) - Sustainability reporting update and TCFD-alignment (PDF)

Found: Furthermore, the EU has also agreed to a 2-year delay to the non -EU ESRS, applying to overseas companies

National Audit Office
International - Mar. 25 2024
Report - Progress with the merger of the FCO and DFID (PDF)

Found: staff early and continue throughout the process. • Harmonising systems and policies takes time and investment

Departmental Publication (Open consultation)
HM Treasury

Mar. 21 2024

Source Page: Consultation on the introduction of a UK carbon border adjustment mechanism
Document: Consultation on the introduction of a UK carbon border adjustment mechanism (PDF)

Found: the UK’s £11.6bn support for International Climate Finance, leadership on global decarbonisation and investment

Non-Departmental Publication (Open consultation)
HM Revenue & Customs

Mar. 21 2024

Source Page: Consultation on the introduction of a UK carbon border adjustment mechanism
Document: Consultation on the introduction of a UK carbon border adjustment mechanism (PDF)

Found: the UK’s £11.6bn support for International Climate Finance, leadership on global decarbonisation and investment

Written Question
Overseas Investment: Fossil Fuels
Thursday 21st March 2024

Asked by: Dan Carden (Labour - Liverpool, Walton)

Question to the Foreign, Commonwealth & Development Office:

To ask the Minister of State, Foreign, Commonwealth and Development Office, with reference to the press release entitled PM announces the UK will end support for fossil fuel sector overseas, published on 12 December 2020, how many fossil fuel-related investments British International Investment has divested away from since that date.

Answered by Andrew Mitchell - Minister of State (Foreign, Commonwealth and Development Office) (Minister for Development)

All investment commitments made by British International Investment (BII) since December 2020 meet the conditions set out in BII's Climate Change Strategy and the UK Government's fossil fuel policy. BII publishes detailed metrics on portfolio-level exposure to carbon-related assets in their publicly available Annual Accounts. This is in line with TCFD-recommended disclosures. The latest data can be found at: https://www.bii.co.uk/annual-review-2022/publication/contents/templates/British_International_Investment_Annual_Review_2022.pdf. BII will release an update to these figures in the 2023 Annual Accounts, to be published later this year.

Select Committee
Department for Energy Security and Net Zero, and Department for Energy Security and Net Zero

Oral Evidence Mar. 20 2024

Inquiry: Keeping the power on: our future energy technology mix
Inquiry Status: Closed
Committee: Energy Security and Net Zero Committee

Found: everything from issuing new licences for North sea oil and gas production, to reducing our reliance on overseas

Select Committee
University of Bristol, University of Manchester, GHGSAT, and Ricardo Group

Oral Evidence Mar. 20 2024

Inquiry: Methane
Inquiry Status: Closed
Committee: Environment and Climate Change Committee

Found: think we can say something about the large-scale attribution of methane to agriculture, waste and fossil

National Audit Office
Energy and environment - Mar. 18 2024
Report - Decarbonising home heating (PDF)

Found: fuels will need to switch to a low-carbon alternative.