Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, how much from the public purse the Government has invested in the UK energy industry since 2010; and if he will make a comparative assessment of that level of funding against spending in (a) the US and (b) other international counterparts over the same time period.

The UK has seen nearly £200 billion of public and private investment into low carbon energy sectors between 2010 and 2022. This is 50% higher than the US as a share of GDP. A comparison with other G7 countries is set out in Figure 2 of Powering Up Britain: The Net Zero Growth Plan. A split between public and private sources of investment is not available from the data.