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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 4 May 2021
  6. Current session: 13 May 2021 to 25 December 2025
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Displaying 1640 contributions

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Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Fiona Hyslop

Could Simon Crichton speak about the wider international perspective?

Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Fiona Hyslop

I want to ask about the international competitiveness of our systems with regard to our ability to do that. Clearly, businesses have been trading through the pandemic period. We have heard that by working sector by sector we could take everybody along at the same time. However, clearly, we are also in competition internationally. Could Fraser Sime comment on the international competitiveness of funding of SMEs? Are Scotland and the UK competitive with regard to the direction that we are going in on net zero?

I also have a question for Simon Crichton and David Ovens. I am interested in the strength of Scotland’s asset management potential for green investment. Where is the competitive edge that we could have, and will we get enough from COP26 in respect of global financial regulations to allow us to make the most of the opportunities here and to increase the speed of transition?

Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Fiona Hyslop

I am thinking more about the financial situation, the financial opportunities and what banks and asset managers can do. How is Scotland placed in that respect? What potential do we have to be extremely competitive and what is holding us back? I would like Simon Crichton to answer, then David Ovens.

Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Fiona Hyslop

There is global self-interest, and the market situation will drive the adoption of net zero measures by many companies, but we also need other carrots and sticks. Should net zero be incorporated into UK financial regulations? If so, what form could that take? Do you have any views on tax or other financial incentives that might assist?

Net Zero, Energy and Transport Committee

Committee Priorities

Meeting date: 5 October 2021

Fiona Hyslop

Good morning. I will focus my questioning on infrastructure, so I will come to Mr Rose first, and Professor Docherty might want to come in on that as well. The Infrastructure Commission for Scotland’s view on existing infrastructure and a presumption against new infrastructure was quite a powerful statement. So much focus has been on new building standards or things that are new, so what needs to happen to ensure that that recommendation is delivered? In your view, is the Scottish Government implementing the recommendations on presumption against new infrastructure?

Net Zero, Energy and Transport Committee

Committee Priorities

Meeting date: 5 October 2021

Fiona Hyslop

Does Tony Rose or Iain Docherty want to say anything about the use of existing buildings in cities? Is that helpful in reaching net zero, or is it just a necessity of life post-Covid?

Net Zero, Energy and Transport Committee

Committee Priorities

Meeting date: 5 October 2021

Fiona Hyslop

There is not.

Net Zero, Energy and Transport Committee

Committee Priorities

Meeting date: 5 October 2021

Fiona Hyslop

Diversification of energy needs to be “both/and” to get to where we need to be, as opposed to “either/or” green hydrogen and others. With regard to the timescale again, how do we know that the necessary legislation will be in place in advance of that transition? When do regulations have to happen to unlock that potential?

Net Zero, Energy and Transport Committee

Committee Priorities

Meeting date: 5 October 2021

Fiona Hyslop

Yes, including the point about transmission. If we miss the boat on changes, how will we get the pace and scale that we need within the timeframe for the “further and faster” drive that you were talking about?

Net Zero, Energy and Transport Committee

Committee Priorities

Meeting date: 5 October 2021

Fiona Hyslop

Jonathan, I would like you to think about the strategic space and about the timescale. You said that the world has to move further and faster, but that is not always going to be driven by the market—clearly, legislation and regulation can drive it. If we are going to make that shift, what do you see as a reasonable timeframe within which to meet the UK targets on climate change and to make the shift from carbon to renewables? What is your strategic thinking on that?