Iron and Steel: Environment Protection

(asked on 22nd June 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what progress her Department has made on establishing a Clean Steel Fund.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
Minister of State (Minister for Europe)
This question was answered on 29th June 2023

The Government recognises the vital role that the steel sector plays across the UK economy. We will continue to work with the sector to support its decarbonisation efforts and we have already established various funding schemes such as the Industrial Energy Transformation Fund (IETF) and the Industrial Decarbonisation and Hydrogen Revenue Support (IDHRS) in this regard.

A decision on the Clean Steel Fund has not yet been taken as we are continuing to work with the sector to understand its decarbonisation investment plans.

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