Treasury: Carbon Emissions

(asked on 30th March 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the his Department's policy paper entitled Net Zero Review Final Report, published on 19 October 2021, what recent progress his Department has made on developing a technology framework to support net zero innovation at fiscal events.


Answered by
James Cartlidge Portrait
James Cartlidge
Minister of State (Ministry of Defence)
This question was answered on 17th April 2023

In 2021, Government published the Net Zero Research and Innovation Framework which sets the research and innovation challenges across sectors over the next 5 to 10 years.

The Net Zero Research and Innovation Delivery Plan 2022-2025, published on 30 March 2023, built on this Framework and set out the allocation of £4.2 billion in Government and Ofgem supported research and innovation funding for net zero. Projects were chosen to maximise strategic advantage for the UK, their contribution to carbon budget delivery and to retain optionality for different net zero pathways.

The Government will continue to use evidence and the Framework to ensure that public spending on net zero innovation is supporting the transition in the most cost-effective way.

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