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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 14 October 2025
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Displaying 1621 contributions

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Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Fiona Hyslop

I thank Colin for teeing me up.

Hello everybody. As the first evidence session of this committee is in the realm of scoping and scene setting, and as the committee will be interested in the transition to net zero and the wellbeing economy, your responses and focus in those areas at this stage will—by necessity—have to be top line.

I am struck that we have heard that many businesses are still in survival mode. In addition, we have a planet that has to survive, and we heard in Michelle Thomson’s question about the debt issues that many small businesses are facing. That all comes at a time when, in order to achieve net zero, there will have to be investment in heat and transport and in relation to the demands of consumers for net zero delivery of services.

What practically can be done? How do we commit ourselves to the bigger, overarching Scottish agenda of that transition and wellbeing? What would be your messages to the committee, in order for us to focus on what can make a material change? Bearing in mind the gain that businesses will have in reduced costs in the long term, business investment might lend itself to interesting models of finance to help small businesses. However, how can that be done at the same time that businesses are trying to survive, when they are carrying a lot of debt?

Dave Moxham just spoke about some of that wider agenda, so I will come to him at the end to pick up on some of the issues that he did not cover in his last answer. I will go to Charandeep Singh first on that, then to Barry McCulloch, Rose Marley and Carolyn Currie.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Fiona Hyslop

Carolyn Currie can start, followed by Rose Marley.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Fiona Hyslop

Is it okay if we go through the other witnesses, convener?

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Fiona Hyslop

I am conscious that this is a massive area, convener, so I suspect that people might be required to follow up in writing after the committee meeting.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 1 September 2021

Fiona Hyslop

Does Rose Marley have any top lines on that? Dave Moxham can then address anything that he did not cover in his answer to Colin Smith.

Net Zero, Energy and Transport Committee

Climate Change Committee

Meeting date: 31 August 2021

Fiona Hyslop

Given that we have to do all this—although perhaps at a different pace in different sectors—how are we going to pay for it? Chris Stark talked about investment in budgets by the Scottish Government, and I appreciate the advice on what we and indeed the UK Government should be looking for in order to get underneath that investment. However, the committee chair mentioned that most of the investment required will need to come from the private sector. What does that mean in the Scottish context, if most of the investment in technology to meet UK targets has to come from Scotland?

Net Zero, Energy and Transport Committee

Climate Change Committee

Meeting date: 31 August 2021

Fiona Hyslop

I was struck by an earlier comment by Chris Stark. If the world can mobilise to carry out fiscal transfers and, I assume, quantitative easing for the Covid emergency, why can it not do something similar in relation to the climate emergency? What is your view of the prospect of success at COP26? What is your benchmark for success, bearing in mind the question of why, if the world can move and has moved so much on the Covid emergency, it could not do it on the climate emergency?

Net Zero, Energy and Transport Committee

Climate Change Committee

Meeting date: 31 August 2021

Fiona Hyslop

Does anyone want to comment on how we maximise private investment?

Net Zero, Energy and Transport Committee

Climate Change Committee

Meeting date: 31 August 2021

Fiona Hyslop

I want to talk about pace and trajectory in meeting the targets, which are very challenging. You emphasised that the Scottish Parliament has probably not taken your advice but has gone harder on the 2030 targets. I want to ask about your modelled scenarios, which you call headwinds, balanced, widespread innovation, widespread engagement and tailwinds. I am interested in the role of new technologies and investment. Will you explain a bit more about what pathway we are on and the investment that is required to deliver that? Obviously, there have to be priorities and choices have to be made, but what do your modelled scenarios mean for Scotland in particular and for the UK?

Economy and Fair Work Committee

Interests

Meeting date: 23 June 2021

Fiona Hyslop

For the purposes of the committee, I note that I was the Cabinet Secretary for Economy, Fair Work and Culture from February 2020 to May 2021.