Question to the Department for Business, Energy and Industrial Strategy:

To ask the Business, Energy and Industrial Strategy, what discussions his Department has had with the Chancellor of the Exchequer on the potential merits of investing in carbon, capture, utilization and storage technology.

As outlined within the recently published Net Zero Strategy, carbon, capture, usage and storage will be an exciting new industry to capture the carbon we continue to emit and revitalise the birthplaces of the first industrial revolution. It has the ability to capture CO₂ from power generation, hydrogen production and industrial processes to store it underground or reuse it. In addition, carbon, capture, usage and storage could help support up to 50,000 jobs in 2030, split across industry, power and the transport and storage network.