Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask His Majesty's Government what assessment they have made of the outcome of COP27; and what plans they have, if any, to address the issues raised at the conference.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
COP27 established a new fund for responding to loss and damage as part of other funding arrangements relevant for loss and damage. This progress is significant in supporting the most vulnerable.
We maintained the focus from Glasgow on the urgent action needed to keep 1.5 alive and secured further work on mitigation to accelerate and implement emission reductions.
The deal in Egypt preserves the historic commitments countries agreed to last year in the Glasgow Climate Pact, and the UK will continue to push for international ambition and implementation of the Glasgow Climate Pact and the Paris Agreement.
Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government when they will publish the nuclear energy roadmap for deployment referred to in the Net Zero Strategy, published on 19 October 2021.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
New nuclear has an important role to play in reducing greenhouse gas emissions to net zero by 2050, as well as contributing to our energy security and delivering a low-cost, diverse, and resilient energy system. The Government will publish a roadmap for new nuclear deployment, including large-scale and advanced nuclear technologies, this year.
Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government how many high-temperature gas-cooled reactors they intend to authorise for construction in the UK to provide certainty to the UK nuclear fuel supply chain.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Department’s Advanced Nuclear Fund includes funding for an Advanced Modular Reactor (AMR) Research, Development & Demonstration (RD&D) Programme which aims to enable a High Temperature Gas Reactor (HTGR) demonstration by the early 2030s to understand the potential of the technology.
We have published a stakeholder engagement note which set out a proposed three phase approach. The development of the UK nuclear supply chain will be considered as part of the Programme.
Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what independent documented evidence there is of inconsistent regulatory outcomes between different Recognised Professional Bodies in the regulation of Insolvency Practitioners.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government is consulting on proposals to reform, strengthen and modernise the insolvency practitioner regulatory framework. These proposals arise from a call for evidence conducted previously and other evidence collected by the Insolvency Service in its role as oversight regulator on behalf of the Secretary of State. The consultation document, along with the associated impact assessment which were published on 21 December 2021, summarise the evidence used (including the responses to the call for evidence) to draw up the proposals for reform.
The consultation closes on 25 March.
Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what independent documented evidence they have that the current (1) structure, and (2) model, for insolvency regulation is failing to deliver (a) consistent outcomes, (b) robust outcomes, and (c) the breadth of regulation required for an effective modern regulatory regime.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government is consulting on proposals to reform, strengthen and modernise the insolvency practitioner regulatory framework. These proposals arise from a call for evidence conducted previously and other evidence collected by the Insolvency Service in its role as oversight regulator on behalf of the Secretary of State. The consultation document, along with the associated impact assessment which were published on 21 December 2021, summarise the evidence used (including the responses to the call for evidence) to draw up the proposals for reform.
The consultation closes on 25 March.
Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what documented evidence they have of market failure in the relationship between Recognised Professional Bodies and the Insolvency Service.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government is consulting on proposals to reform, strengthen and modernise the insolvency practitioner regulatory framework. These proposals arise from a call for evidence conducted previously and other evidence collected by the Insolvency Service in its role as oversight regulator on behalf of the Secretary of State. The consultation document, along with the associated impact assessment which were published on 21 December 2021, summarise the evidence used (including the responses to the call for evidence) to draw up the proposals for reform.
The consultation closes on 25 March.
Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what consultation they have undertaken (1) within, and (2) without, the insolvency industry that has suggested the Insolvency Service as a suitable candidate to be a Single Regulator of the Insolvency Industry; and whether they will puliish that evidence.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government is consulting on proposals to reform, strengthen and modernise the insolvency practitioner regulatory framework.
The Government previously consulted through a call for evidence on whether there should be a different regulatory framework, including a greater role for Government. Since then further discussions have been held with stakeholders to help develop proposals for consultation.
The consultation and its associated impact assessment were published on 21 December 2021 and will close on 25 March. During the consultation period, the Government will continue to engage directly with key stakeholders and welcomes responses from all interested parties on the proposals, including suggestions on how they could be improved and on their likely impact.
Asked by: Lord McNicol of West Kilbride (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government when the Insolvency Practitioners Association 2021 Monitoring Report will be published.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Insolvency Service expects to publish its Monitoring Report relating to the Insolvency Practitioners Association by the end of February.