Oral question asked in the House of Lords, by Baroness Ritchie of Downpatrick (Labour). It was answered on Wednesday, 27 October 2021.

Climate Change: Global Temperatures

Question: My Lords, working with the devolved Administrations, could the Minister indicate what new policy proposals the Government will bring to COP 26 next week, in respect of financial innovation, green finance and technology, to ensure that a comprehensive scheme of carbon capture is in place to assist with climate change mitigation by the Government’s 2030 target, over and above the Budget today, which was rather limited in this respect?

Answer: Some noble Members opposite have obviously listened to a different Budget from the one that was actually announced. We have £1 billion-worth of funding for carbon capture, usage and storage proposals. The noble Baroness will be aware that, only the other day, we announced the first two clusters in north-west and north-east England. These are world-leading, exciting proposals; no one else in the world is being as ambitious as we are on CCUS.

Secondary information