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Written question asked by Chi Onwurah (Labour) on Wednesday, 15 March 2023, in the House of Commons. It was due for an answer on Monday, 20 March 2023 (named day). It was answered by Graham Stuart (Conservative) on Monday, 20 March 2023 on behalf of the Department for Energy Security and Net Zero.


Carbon Capture and Storage: Finance

Question

To ask the Secretary of State for Energy Security and Net Zero, with reference to paragraph 3.88 of the Spring Budget, HC 1183, published on 15 March 2023, what proportion of the funding for early deployment of Carbon Capture, Usage and Storage will be classified as research and development.

Answer

The funding announced in the budget is targeted towards supporting early deployment of Carbon Capture, Usage and Storage. Although some of this may be classified as research and development funding, the Government is not earmarking funding for this purpose.


Secondary information

Type
Written question
Reference
166215
Session
2022-23
Related items
Spring Budget 2023
Wednesday, 15 March 2023
House of Commons papers
House of Lords
House of Commons
Transferred
Yes
Subjects
Carbon capture and storage Finance Research
Contains statistics
Yes
Link
View this Written question on www.parliament.uk