Written question asked by Edward Morello (Liberal Democrat) on Friday, 19 June 2026, in the House of Commons. It was due for an answer on Tuesday, 23 June 2026. It was answered by Michael Shanks (Labour) on Monday, 29 June 2026 on behalf of the Department for Energy Security and Net Zero.
Greenhouse Gas Emissions: New Businesses
- Question
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To ask the Secretary of State for Energy Security and Net Zero, what discussions his Department has had with investors on supporting greenhouse gas removal startups.
- Answer
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The Government has developed a Greenhouse Gas Removal (GGR) Business Model to incentivise private investment in large-scale GGR projects through a contractual revenue support mechanism.
The Government has also commissioned the British Standards Institution (BSI) to develop GGR methodologies, which will be crucial to instill public and investor confidence that removals are genuine and verifiable.
As part of the GGR Business model and GGR methodology development the Government and BSI respectively are engaging with potential GGR investors and offtakers as key stakeholders.
Secondary information
- Type
- Written question
- Reference
- 11552
- Session
- 2026-27
- Transferred
- Yes
- Subjects
- Greenhouse gas emissions New businesses
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-06-29 12:42:32 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/11552
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/11552
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/11552