Notice of Motion:
Proposed by Cllr Nathan Goldup John
Seconded by Cllr Laura Williams.
The profit made from natural resources in Wales should be no different than that of Scotland. Revenue generated from the Crown Estate in Wales was valued at over £600m at the end of 2022, this has grown since. The revenue generated by this asset directly flows into the UK Treasury.
This money, especially in these times of uncertainty, could be used to help create well-paid green jobs, further research and development solutions in all sectors and work to bring down domestic energy costs. Noting the opportunity we have here with the development of the Celtic Freeport, there could be benefit to the local community by devolving the Crown Estate.
Profits made from Wales’ natural resources should be kept in Wales to boost our economy. The revenue from Scottish assets go straight to the Scottish Government and we should be no different, here in Wales.
This Council should support the campaign to devolve management of the Crown Estate and assets in Wales to the Welsh Government and that funds raised from this used to support the social needs of the Welsh people.
Accordingly it is resolved that:
-
the Leader of Neath Port
Talbot Council write to the appropriate Secretary of State and the First
Minister of Wales outlining our support to persuade Westminster on the terms
included in this motion to devolve the Crown Estate as a matter of
urgency.