§ John MannTo ask the Secretary of State for Trade and Industry if she will make a statement on the future of the coal mining industry in the UK. [1400471]
§ Mr. TimmsThe coal mining industry continues to make an important contribution to the economy, supplying around 50 per cent. of the country's total coal needs and some 60 per cent. of its coal-fired electricity generation feedstock. The Government are working to secure a future for viable deep and opencast mines. In June 2003, they launched Coal Investment Aid, which has a budget of up to £60 million for allocation of over the next three years to provide up to 30 per cent. support for eligible mining investment projects. An announcement about awards in response to first period applications for Coal Investment Aid is expected soon.