questionText: To ask the Chancellor of the Exchequer, whether the £20 billion of funding announced in the Spring Budget 2023 for early deployment of carbon capture, usage and storage was in addition to previous announcements of funding for (a) carbon capture, usage and storage, (b) hydrogen power and (c) direct air capture made since January 2020.
answerText: In March 2023 Government announced up to £20 billion funding for early deployment of CCUS across all sectors. This includes the £1 billion Carbon Capture Usage and Storage (CCUS) Infrastructure Fund (CIF), supporting the ambition for CCUS in four industri...
heading: Carbon Capture and Storage: Finance