Carbon Capture and Storage: Finance

Summary

To ask the Secretary of State for Energy Security and Net Zero, whether she has made an estimate of the government's budget for carbon capture and storage expenditure over the next five years.

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Timeline

1. 11 September 2023

   Written question

   To ask the Secretary of State for Energy Security and Net Zero, whether she has made an estimate of the government's budget for carbon capture and storage expenditure over the next five years.

   Source: Commons

2. 19 September 2023

   Answer

   In the 2023 Spring Budget, the Chancellor announced an unprecedented £20 billion investment in the early development of carbon capture, usage and storage (CCUS). The quantum of spend within a given period will depend on the outcome of commercial negotiati...

   Source: Written answer

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• · Department for Energy Security and Net Zero · Answering body

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