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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 5 May 2021
  6. Current session: 12 May 2021 to 20 May 2025
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Displaying 4955 contributions

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Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

It is hard to say no, Jim, because you have been very quiet so far.

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Thank you. I am sorry, Monica, to have cut you short.

Sarah, would you like to come in?

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

I would love to be able to say that Feargal Sharkey was before my time, but everyone knows that that is not true.

Jackie Dunbar, did you want to say something?

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Edward Mountain

Our next item of business is an evidence session with the Scottish National Investment Bank as part of our stage 1 scrutiny of the Circular Economy (Scotland) Bill.

I am pleased to welcome Al Denholm, who is the chief executive officer of the Scottish National Investment Bank, and Jimmy Williamson, who is the executive director of the investment team for the Scottish National Investment Bank. Thank you for joining us.

Before we move to questions, I believe that Al Denholm wishes to make a brief opening statement.

Net Zero, Energy and Transport Committee

Circular Economy (Scotland) Bill: Stage 1

Meeting date: 31 October 2023

Edward Mountain

I am interested in how you come up with the investment. With the current bank rate, some investors might look at a straightforward investment with a fairly moderate rate of return of about 8 to 10 per cent. With a riskier opportunity, that might go up to 17 per cent; it might go up even higher, depending on what investors are looking at for a rate of return.

You obviously will not be looking at that, which means that you could be investing in more risky businesses. You are not going to give me the standard rate of return that you would expect for your investment, but can you talk more about that so that I can understand how you are a facilitator to allow that without taking all the risk in the most risky projects?

Net Zero, Energy and Transport Committee

Subordinate Legislation

Meeting date: 31 October 2023

Edward Mountain

Agenda item 2 is consideration of a draft statutory instrument. I am pleased to welcome the Cabinet Secretary for Transport, Net Zero and Just Transition, Màiri McAllan, and from the Scottish Government, Mariana Cover, senior policy adviser, United Kingdom emissions trading scheme; and Lucy Geoghegan, head of unit, net zero economy and carbon markets. Thank you for joining us today.

As the instrument has been laid under the affirmative procedure, it cannot come into force unless the Parliament approves it. Following this evidence session, the committee will be invited under the next agenda item to consider a motion recommending that the instrument be approved. I remind everyone that officials can speak under this agenda item but not in the debate to follow.

I invite the cabinet secretary to make a brief opening statement.

Net Zero, Energy and Transport Committee

Subordinate Legislation

Meeting date: 31 October 2023

Edward Mountain

As there appear to be no further questions, we move to agenda item 3, which is formal consideration of motion S6M-10535. I invite the cabinet secretary to speak to and move the motion.

Motion moved,

That the Net Zero, Energy and Transport Committee recommends that the Greenhouse Gas Emissions Trading Scheme (Amendment) (No 2) Order 2023 [draft] be approved.—[Màiri McAllan]

Net Zero, Energy and Transport Committee

Subordinate Legislation

Meeting date: 31 October 2023

Edward Mountain

The committee will report on the outcome of the instrument in due course. Are members happy to delegate authority to me, as convener, to finalise the report for publication?

Members indicated agreement.

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Gosh. A huge number of monitors will be installed by the end of next year.

Alex Plant, do you want to come in?

10:15  

Net Zero, Energy and Transport Committee

Scottish Water Annual Report and Accounts 2022-23

Meeting date: 31 October 2023

Edward Mountain

Okay. Thank you.

I have looked at your previous year’s annual report and accounts. You will not be surprised that pages 116 to 118 caught my eye. That gives you a chance, but you will be able to answer this question off the top of your head. Your predecessor was paid a quarter of a million pounds. Are you on the same rate that he was on?