The transition to a low carbon economy offers huge opportunities for the town of Grangemouth – but work must be done to ensure that local people and businesses aren’t left behind.
That’s the verdict of a Holyrood committee, which yesterday released the result of its inquiry into a Just Transition for the Grangemouth Area.
The Economy and Fair Work Committee took evidence from local residents, representatives from industry, trade unions and the Scottish and UK Governments as part of a wide-ranging inquiry into how the transition should be managed.
The report makes several key recommendations ahead of the Scottish Government’s own “dedicated and focused Grangemouth just transition plan.” These include a call for the plan to map the transition for the whole area rather than just the industrial site.
Committee Convener Claire Baker MSP said: “Scotland’s just transition to a low-carbon economy presents significant opportunities – not just for the economy, but also for our communities. Nowhere is that clearer than in relation to the Grangemouth Refinery.
“It is clear from the response from the local community that any just transition must maximise opportunities for the town itself, and ensure that the benefits are felt widely.
“The potential for significant regeneration and improvement is on the town’s doorstep, and it is now down to the UK and Scottish Governments, as well as INEOS, to make sure it is fully realised.”
The Committee wants the Government to meaningfully engage with the community and co-design its plans, allowing the community to have a direct impact in the future direction of their town.
The report also stresses the importance of the Acorn Project for carbon capture, which aims to capture and store up to one million tonnes of CO2 by 2027. The Acorn Project is a “critical enabler” for INEOS’ ambitions for the Grangemouth site, according to the report.
Funding for carbon capture lies with the UK Government. Minister Graham Stuart MP told the Committee that while the project was not selected to receive funding in the first round in October 2021, Grangemouth was in “pole position” for future rounds. An update is expected in the summer.
Claire Baker MSP continued: “While the Committee welcomes the sentiment that Grangemouth is well placed to receive funding for carbon capture, these warm words must now be backed up with a commitment. Funding the Acorn Project will truly unlock the potential of the site and must be a priority.”
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