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I have frequent discussions with colleagues, including the First Secretary of State, about building a low-carbon economy. We will shortly make announcements about allocations from the £405 million that my right hon. Friend the Chancellor made available in the Budget to help build our green manufacturing strength.
My right hon. Friend has already made it clear in other answers how exciting the prospects are for the green revolution, which will create wealth and jobs. Given that public sector money will not be the most abundant resource available, what can be done to ensure that we mobilise those at the cutting edge of the industrial revolution, and not simply have a scattergun approach, which will lead to the sort of waste that we cannot afford?
My hon. Friend asks the right question. We must make the best use of the available money—I referred to the allocation that my right hon. Friend the Chancellor made in the Budget. When we fund carbon capture and storage demonstration projects, it is important that our consultation documents reflect that, and that we build a network of CCS throughout the country to ensure that we have the clusters that will build the industries of the future. It is right to invest now—the Conservative party would not agree with that—because that will build the industries of the future.