Asked by: John Howell (Conservative - Henley)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether he has had discussions with his Israeli counterpart on Israeli research grants for carbon capture projects; and whether his Department is providing grants for businesses engaging with carbon capture projects in the UK on a similar basis to those in Israel.
Answered by Graham Stuart
The UK Government is committed to convene and lead international engagement on CCUS through engaging in multilateral fora and fostering bilateral relationships to collaborate and share lessons on CCUS.
Domestically, In March 2023 we announced up to £20 billion funding for early deployment of CCUS across all sectors. This includes the £1 billion Carbon Capture Usage and Storage (CCUS) Infrastructure Fund, supporting the ambition for CCUS in four industrial clusters by 2030 at the latest.
This follows previous UK Government investment into CCUS between 2004 and 2021 the UK Government has invested over £346 million into CCUS Research, Development and Deployment (RD&D). This funding has ensured the UK remains at the forefront of CCUS Research and Innovation, developing the skills, knowledge, and technology to allow the UK to deploy CCUS domestically and export our expertise around the world.