Carbon Capture and Storage: Public Consultation:Written question - HL3304

Asked on: 21 April 2020
Department for Business, Energy and Industrial Strategy
Carbon Capture and Storage: Public Consultation
Lords
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.
A
Answered by: Lord Callanan
Answered on: 05 May 2020

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.

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