Carbon Capture and Storage: Public Consultation
(asked on 21st April 2020) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government when they intend to respond to the consultation on Carbon Capture, Usage and Storage (CCUS) Business Models, which opened on 22 July 2019 and closed on 16 September 2019.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
We are committed to deploying carbon capture, usage and storage (CCUS) this decade as we work towards net zero by 2050 and see an opportunity for the UK to become a global leader in CCUS.
We are determined to realise the key strategic opportunities of CCUS in a way that is affordable and value for money for the consumer and taxpayer. As part of this we continue to work closely with industry to design business models which provide value to the economy, drive decarbonisation and are compatible with existing market frameworks.
Our intention is to respond to our consultation on CCUS business models in due course.