The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 8181 contributions
Net Zero, Energy and Transport Committee
Meeting date: 26 March 2024
Edward Mountain
Perhaps we should give Joel Paterson a chance to consider that.
Net Zero, Energy and Transport Committee
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
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
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
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?
Net Zero, Energy and Transport Committee
Meeting date: 26 March 2024
Edward Mountain
I do not know about that. At Kinrara, for example, there were five employees; now there are zero. I am just trying to work out what the effects will be. Does anyone want to say a positive thing—for example, that the carbon market will make things more local and will bring the land back to local people?
Net Zero, Energy and Transport Committee
Meeting date: 26 March 2024
Edward Mountain
Welcome back to the meeting and our second panel of witnesses on natural capital.
I welcome Dr Naomi Beingessner—did I say that right?
Net Zero, Energy and Transport Committee
Meeting date: 26 March 2024
Edward Mountain
Our next agenda item is an evidence session on natural capital finance in Scotland. On our first panel, I am pleased to welcome Stuart Greenwood, who is a partner in Shepherd and Wedderburn LLP’s rural property and business team; Joel Paterson, who is the head of natural capital in Scotland at Strutt & Parker; Stephen Young, who is director of policy at Scottish Land & Estates; and Olly Hughes, who is managing director of forestry at Gresham House. Olly, thank you for agreeing to join us at slightly the last minute.
It will be an interesting session, and I know that members will have lots of questions. The temptation for witnesses is to want to answer every single question. As nice as that might be for you, it is not possible for me because it would mean that I cut out some of the committee members, which would cause a disagreement afterwards that I would have to resolve. If you agree with what somebody said, you do not need to say any more, but, if you want to come in, try to catch my eye or the member’s eye and we will bring you in, and I will try not to cut you off.
Before we go into the session, I remind members of my entry in the register of members’ interests, in that I am a member of a family farming partnership. We farm 500 acres of land that I own in Speyside, and we are tenant farmers of another 500 acres in Speyside. I can say quite categorically at this stage that I have not invested in natural capital, because I do not understand it. Maybe all will become clearer today.
The first questions are from Bob Doris.
Net Zero, Energy and Transport Committee
Meeting date: 26 March 2024
Edward Mountain
Douglas Lumsden has some questions.
Net Zero, Energy and Transport Committee
Meeting date: 26 March 2024
Edward Mountain
Mark, you have some questions.