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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 21 September 2025
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Displaying 6078 contributions

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Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

That is what I am after. I then need to bring in the deputy convener.

Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

This is not an excuse to discuss the whole bill. You can say one thing each if you want to. I am sorry, but we are so tight for time.

Net Zero, Energy and Transport Committee

Subordinate Legislation

Meeting date: 26 March 2024

Edward Mountain

We will write to the Scottish Government to notify it of that.

That concludes our meeting in public. We will now go into private session.

11:33 Meeting continued in private until 12:05.  

Net Zero, Energy and Transport Committee

Decision on Taking Business in Private

Meeting date: 26 March 2024

Edward Mountain

Good morning, everyone, and welcome to the 12th meeting in 2024 of the Net Zero, Energy and Transport Committee.

The first item on the agenda is a decision on whether to take items 4, 5, 6 and 7 in private. Item 4 is consideration of the evidence that we will hear today on natural capital finance in Scotland; item 5 is consideration of a draft report on the United Kingdom Automated Vehicles Bill; item 6 is consideration of correspondence relating to the proposed national outcomes; and item 7 is consideration of a draft call for views on the Land Reform (Scotland) Bill. Do we agree to take those items in private?

Members indicated agreement.

Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

Olly, do you want to come in briefly, or is that sufficient?

Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

Perhaps we should give Joel Paterson a chance to consider that.

Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

When you answer that, could you give us a bit of a steer on crofting? That is one of the issues that I do not understand. The common grazings might belong to a group of people, some of whom might no longer have anything to do with crofting. They might simply have a share in it. To whom do the carbon rights belong in that situation? Do they belong to the landowner or the common grazings committee? Perhaps you could widen out the question and give an answer on all of those aspects.

Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

Andy Wightman is wrong when he says that you are the third-biggest landowner in Scotland.

Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

They could sell credits on 200,000 hectares of land, which would be only a third of what is held. I find it difficult that land that is owned by the people of Scotland could be traded for carbon credits, given that the market is so risky, but credits on a third of that land—200,000 hectares—would probably allow those organisations to fund all the Government’s tree-planting targets. Would that be a good deal?

Net Zero, Energy and Transport Committee

Natural Capital Finance

Meeting date: 26 March 2024

Edward Mountain

Okay. I have a final question. Living in the Highlands, I have heard huge stories about remote landlords being what we want to get rid of. I suggest that the carbon market has probably made some of the landlords more remote. For example, BrewDog owns Kinrara; abrdn—Standard Life—owns Far Ralia; and Glen Dye is owned by Aviva and Par Equity. How do I contact the people who are investing in the natural capital of Scotland? Where can I ring abrdn to find out who is looking after Far Ralia? That will impact on local communities. Are those landlords not remote? That is a rhetorical question; who would like to answer it?