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

To ask Her Majesty's Government whether the funding set out in the Conservative Manifesto to support energy intensive industries to use to low carbon technologies is new and additional funding for industrial decarbonisation.

The Government has committed an overall package of over £2 billion to help industry on the path to Net Zero. Within this, the Industrial Energy Transformation Fund was announced in November 2018 as a £315 million scheme to provide industry, including energy intensive industries, with support for energy efficiency and decarbonisation projects. This scheme is on track to launch in Spring 2020.

The 2020 Budget announced measures that reflect Conservative Manifesto commitments and build on existing policies. For example, it included a new £800m Carbon Capture and Storage (CCS) Infrastructure Fund to establish CCS in at least two sites, one in the 2020s and another by 2030. Other manifesto commitments to support industrial decarbonisation will be considered in the upcoming Spending Review.