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PARLIAMENTARY WRITTEN QUESTION
(26 November 2024)

Question Asked

To ask the Secretary of State for Energy Security and Net Zero, what estimate his Department has made of the potential cost to the public purse of carbon capture technologies in each of the next three years.

Asked by:
Abtisam Mohamed (Labour)

Answer

The Autumn Budget settlement provides £3.9bn in 2025-26 for the first carbon capture and storage clusters in the UK. The breakdown of costs by financial year is commercially sensitive whilst negotiations progress. The cost of carbon capture after 2025-26 will be disclosed following the conclusion of the second phase of the Spending Review.


Answered by:
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1 January 1970            

        

            
                            
                            
                        

                    


                                    

                    

                        

                    

                

            
                    

                                    

                

                    
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