Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of requiring carbon capture, usage and storage organisations in receipt of Government funding to be (a) headquartered in the UK and (b) full UK taxpayers.

We’re committed to securing the economic benefits for the UK from pioneering CCUS deployment. It is expected to add around £5 billion per year to the UK economy by 2050 and the backing of these first 2 CCUS sites sends a clear signal to investors that the UK is open for business. These new carbon capture and CCUS enabled hydrogen projects will create 4,000 new jobs and help sustain important British industries. Industry have also pledged to source 50 per cent of the supply chain from domestic companies.