Euan Stainbank

Euan Stainbank

Labour — Falkirk

Speaking in the House of Commons on 17 December 2024

Debate

National Wealth Fund: Opportunities for Industry

Contribution

The Government’s quick action when they took office to commission Project Willow is welcome, but confirmation of the decision by Petroineos to close the Grangemouth refinery next year has caused further concern and uncertainty throughout the workforce in the central belt. With the sustainable aviation fuel mandate starting in 2025 requiring 10% of jet fuel to be SAF by 2030, what consideration has the Minister given to using the role of the national wealth fund to support the rapid conversion of Grangemouth into a sustainable aviation fuel facility?

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