Carbon Capture, Usage and Storage

Part of Energy Security and Net Zero – in the House of Commons at on 19 September 2023.

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Photo of Jo Gideon Jo Gideon Conservative, Stoke-on-Trent Central

I thank my right hon. Friend for her reply. Following the commitment in “Powering Up Britain” to provide up to £20 billion of funding for early deployment of CCUS, how does she intend to finance that support? Does she recognise that CCUS funding needs to be matched by creating a competitive environment for private sector investment, including a carbon border adjustment mechanism to smooth the path to deployment, as recommended by the Commission for Carbon Competitiveness, of which I am a member?