The House of Lords Science and Technology Committee will tomorrow (7 January) hold a hearing into what encourages and discourages investment in waste technologies.
The hearing forms the latestpart of the committee’s inquiry into the economic benefit of waste, and follows on from hearings on: how waste can be turned into new products; how the EU prevents food waste; and central government’s role in waste and how its policies and incentives are geared up to make the most of the bioeconomy.
At tomorrow’s meeting, the House of Lords will question Peter Jones OBE, Chairman of renewable energy firm Waste2Tricity, Carbon Connect and Ecolateral Ltd, as well as Dr Rob Wylie, Cofounder and Chairman of WHEB, investors in energy and resource-efficiency technology. They will be asked a range of questions, including:
- How is the technology landscape geared up for extracting maximum value from waste?
- What does the investment scenario in this area look like, and are innovative technologies obtaining adequate finance?
- What are the barriers to investing in new technologies?
- What can be done to effectively mitigate risks of investing in new technologies to extract maximum value from waste?
The scope of this inquiry is largely limited to cover organic waste and waste gases produced by agriculture, industry and households.
The evidence session will start tomorrow at 3.40pm in Committee Room 3.
A final report into the committee’s findings is expected to be published in ‘early 2014’.
Read more about the House of Lords Science and Technology Committee’s inquiry into the economic benefit of waste.
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