Alex Cunningham
Main Page: Alex Cunningham (Labour - Stockton North)Department Debates - View all Alex Cunningham's debates with the HM Treasury
(8 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Osborne
I know Thoresby colliery and have been to the site with my hon. Friend. We were not able to give the go-ahead to the enterprise zone because the business case did not quite stack up, but I have committed to work with him and the local community to try to get that over the line and get an enterprise zone in place in Thoresby colliery.
Alex Cunningham (Stockton North) (Lab)
T8. I have just chaired a packed meeting of the all-party parliamentary group on carbon capture and storage with the Minister of State, Department of Energy and Climate Change. There was a lot of anger in the room over the Chancellor’s decision to axe the funding for the CCS competition projects. What funding will the Chancellor provide when DECC comes up with its new CCS strategy in the autumn?
Mr Osborne
We have set out our capital budget and our energy policy, which will see a doubling of the investment in renewable energy over the next five years.