Oral Answers to Questions

David Duguid Excerpts
Tuesday 27th February 2024

(9 months, 3 weeks ago)

Commons Chamber
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Graham Stuart Portrait Graham Stuart
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The hon. Lady should, alongside us, celebrate the £500 million that the Government are contributing as part of an overall £1.25 billion investment in the modernisation of steel production at Port Talbot through, for instance, the electric arc furnace. Government and industry will also invest £100 million in skills to ensure that there are thousands of jobs for the future, and that we reduce emissions as well.

David Duguid Portrait David Duguid (Banff and Buchan) (Con)
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Will my hon. Friend reaffirm the Government’s commitment to develop four operational CCUS clusters, including Acorn in my constituency, by the end of the decade? Will my colleagues in the Department for Energy Security and Net Zero make representations to His Majesty’s Treasury to bring forward the financial investment decisions at the soonest opportunity?

Graham Stuart Portrait Graham Stuart
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I am grateful to my hon. Friend, and he is absolutely right: CCUS has such an important role, and we are committed to those four clusters. As we announced in March last year, we have delivered £20 billion of investment to make sure that we carry on with the transformation and decarbonisation of this country that was so woefully lacking when we took power in 2010.