Commons Sense

House of Commons · Ministers' Questions

Carbon Capture, Usage and Storage

Tuesday 19 September 2023 · 3 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 1 Partly answered 1 Not answered 0

Key points

  • The UK Government has committed 20 billion to early deployment of carbon capture, usage, and storage technology.
  • The funding is intended to support economic growth and create up to 50,000 jobs by 2030.
  • The Secretary of State is considering innovation in hydrogen as well as carbon capture and storage technology.

Topics (select to filter)

Questions & Answers

Q1 Jo Gideon
Economy Climate
Context

The MP is seeking an assessment of the potential for carbon capture, usage and storage to stimulate economic growth.

Question

What assessment she has made of the potential impact of carbon capture, usage and storage technology on economic growth?

Answer from Claire Coutinho

We have committed £20 billion to the early deployment of carbon, capture, utilisation and storage, which will deliver economic growth and decarbonisation of our industrial heartlands. Our analysis has shown that it could support up to 50,000 jobs in 2030 and add up to £5 billion to the economy by 2050.

Answered
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Q2 Jo Gideon
Climate Energy
Context

The MP references the government's commitment of £20 billion and seeks details on how this funding will be financed.

Question

I thank my right hon. Friend for her reply. Following the commitment in “Powering Up Britain” to provide up to £20 billion of funding for early deployment of CCUS, how does she intend to finance that support? Does she recognise that CCUS funding needs to be matched by creating a competitive environment for private sector investment, including a carbon border adjustment mechanism to smooth the path to deployment, as recommended by the Commission for Carbon Competitiveness?

Answer from Claire Coutinho

I welcome my hon. Friend's work as a member of the Commission for Carbon Competitiveness, and she makes an excellent point. The £20 billion will be funded through a variety of sources and will be allocated in due course, and early this year the Government consulted on a range on measures to support decarbonisation, including a carbon border adjustment mechanism.

Partly answered

Not addressed: details on specific financing mechanisms

How: Will Provide A Response In Due Course

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Q3 Barry Sheerman Lab
Economy Climate Science & Technology
Context

The MP is asking for serious funding commitments to be made for hydrogen research alongside carbon capture storage projects.

Question

If the Secretary of State is looking for innovation that will make a real difference to economic growth, will she look at not only carbon capture and storage, but hydrogen? Many of the same universities and research establishments are looking at hydrogen as the new energiser for transport and so much else in our lives. Will she put some serious money into both hydrogen and CCS?

Answer from Claire Coutinho

I am interested in innovation in all of those areas, because that is what will get us to the ambitious targets we have set out. I will be looking at hydrogen, carbon capture, and every single other area to see what more we can do.

Not addressed: commitment to specific funding for hydrogen and CCS

How: Interested In Innovation, Looking At All Areas

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