Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what estimate he has made of how many jobs carbon capture and storage network initiatives will create in (a) Buckinghamshire and (b) Milton Keynes over the next five years.
A strong UK CCUS sector will support well paid, highly skilled jobs across the UK, supporting 50,000 jobs in the 2030s across the CCUS industry. Whilst there are no projects that are currently being negotiated with HMG through the cluster sequencing process, in the mentioned areas, the CCUS sector is expected to have a positive impact with DESNZ analysis showing that CCUS has the potential to generate £4-5bn GVA per year by 2050.