Carbon Capture and Storage
(asked on 14th April 2023) - View Source
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, how much funding his Department has allocated to the succesful Track-1 carbon capture, usage and storage projects.
This question was answered on 19th April 2023
My Rt. Hon. Friend Mr Chancellor of the Exchequer announced £20bn of funding to store as much carbon and create as many jobs as possible through Track-1 and beyond.
Track 1 Projects have only been shortlisted at this point and are not guaranteed funding until negotiations are complete.