questionText: To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of requiring carbon capture, usage and storage organisations in receipt of Government funding to be (a) headquartered in the UK and (b) full UK taxpayers.
answerText: We’re committed to securing the economic benefits for the UK from pioneering CCUS deployment. It is expected to add around £5 billion per year to the UK economy by 2050 and the backing of these first 2 CCUS sites sends a clear signal to investors that the...
heading: Carbon Capture, Usage and Storage: Taxation