Carbon Capture and Storage: Finance

Summary

To ask the Chancellor of the Exchequer, with reference paragraph 1.240 on page 62 of the 2020 Budget Red Book, what criteria will be used to select a carbon capture and storage cluster for funding from the proposed CCS Infrastructure Fund.

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Timeline

1. 11 March 2020

   Written question

   To ask the Chancellor of the Exchequer, with reference paragraph 1.240 on page 62 of the 2020 Budget Red Book, what criteria will be used to select a carbon capture and storage cluster for funding from the proposed CCS Infrastructure Fund.

   Source: Commons

2. 19 March 2020

   Answer

   At Budget, the Government announced it will create a Carbon Capture and Storage Infrastructure Fund to establish CCS in at least two sites, one by the mid 2020s and another by 2030. The Government will work collaboratively with all potential projects, gui...

   Source: Written answer

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• · Treasury · Answering body

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