Written question asked by Lord Whitty (Labour) on Monday, 18 January 2016, in the House of Lords. It was due for an answer on Monday, 1 February 2016. It was answered by Lord Bourne of Aberystwyth (Conservative) on Monday, 1 February 2016 on behalf of the Department of Energy and Climate Change.
Carbon Capture and Storage: Finance
- Question
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To ask Her Majesty’s Government why they removed the £1 billion funding of carbon capture and storage, as announced to the London Stock Exchange on 25 November 2015; and how they plan to ensure the advance of that technology in the future.
- Answer
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The Government believes Carbon Capture and Storage (CCS) has the potential to play an important role in the long-term decarbonisation of the UK.
The Departmentâs Annual Report & Accounts for 2015-16 will be published in June 2016 and will review the work of the Department, including the Office of Carbon Capture and Storage in 2015-16. The Budget for the Office of Carbon Capture and Storage for 2015-16 is £41.3 million.
Secondary information
- Type
- Written question
- Reference
- HL5100
- Session
- 2015-16
- Subjects
- Carbon capture and storage Finance
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-06-28 22:23:02 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL5100
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL5100
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL5100