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Draft National Policy Statement for Fossil Fuel Electricity Generating Infrastructure (EN-2)

Perhaps the Minister could be as frank in his answer and say whether the chief executive is going to get that money and whether Drax is going to build any biomass plants. I share the concerns of the noble Lord, Lord Reay, about whether biomass plants are so-called "renewable" or not; if they are shipping trees from Canada, it does not sound terribly good. I shall end my brief contribution by asking about the IPC. Its chief executive, Mr John Saunders, appears to have had shareholdings in National Grid, National Power, Powergen, Innogy and Northern Ireland Electricity. There was some difficulty in getting this information out of the IPC originally, but it is now on its website. These are apparently small shareholdings in companies, but it does not look very good for the chief executive of the IPC; some of these companies already have applications in front of the IPC for power plants, and planning applications. What is the position on Mr Saunders’ investments? Has he sold them? Is he going to be required to sell them? Are they held in a blind trust? What has happened to them? I look forward to the Minister’s answer if he can give it to me, or perhaps he could write.