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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 27 March 2025

Debate

Grangemouth Oil Refinery

Contribution

My Lords, I am grateful to my noble friend and of course I am very much aware of Unite’s proposal to transition Grangemouth into a sustainable aviation fuel plant. We are very grateful for the input from Unite and will continue to engage with the union. I have to say, though, that I think the Project Willow approach is the best way forward. It evaluated over 300 technologies and identified nine potential technologies. We have £200 million available from the National Wealth Fund to invest. The focus at the moment is twofold. One is to give support to the workers who are going to lose their jobs. The second is to encourage private investors to look at these proposals. We have the National Wealth Fund, with £200 million to invest, to act as an incentive and we are working very hard in relation to that.

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