Mar. 13 2024
Source Page: UK signs trade pact with second biggest US state – TexasFound: the UK and Texas, as Business and Trade Secretary Kemi Badenoch welcomes Texas Governor Greg Abbott
Written Evidence Mar. 05 2024
Inquiry: Industrial policyFound: IPO0052 - Industrial policy Carbon Capture and Storage Association Written Evidence
Mentions:
1: None They want to better align the data that we capture through annual reporting, as the committee requested.The - Speech Link
2: None Our focus in Scotland is on delivering around ScotWind, but also on hydrogen, carbon capture, utilisation - Speech Link
3: Stewart, Alexander (Con - Mid Scotland and Fife) you have, so how do you square that circle to ensure that you are trying to capture as much of those - Speech Link
4: None With Norway at the moment, that is definitely carbon capture, utilisation and storage, so that is where - Speech Link
Written Evidence Sep. 13 2023
Inquiry: A flexible Grid for the futureFound: GRI0088 - A flexible Grid for the future Carbon Capture and Storage Association Written Evidence
Mentions:
1: Rosie Winterton (Lab - Doncaster Central) footprint reached through developing the Carbon Capture Utilisation and Storage network or such other - Speech Link
2: David Duguid (Con - Banff and Buchan) It therefore follows that carbon capture, utilisation and storage will be required for the UK to reach - Speech Link
3: None The capacity for carbon capture and storage in Scottish waters is enormous. - Speech Link
4: David Duguid (Con - Banff and Buchan) capture and storage. - Speech Link
5: None capture and storage. - Speech Link
6: Barry Gardiner (Lab - Brent North) capture, usage and storage and the UK’s unique storage capacity for sequestering carbon can provide - Speech Link
Mentions:
1: Lord Callanan (Con - Life peer) and zero-carbon infrastructure, including offshore wind, hydrogen and carbon capture, utilisation and - Speech Link
2: Lord Lilley (Con - Life peer) by employing carbon capture and storage. - Speech Link
3: Baroness Jones of Moulsecoomb (Green - Life peer) It is carbon capture and storage, on which the Government are spending billions. - Speech Link
4: Baroness Young of Old Scone (Lab - Life peer) increase the burden on carbon capture, storage and use to meet the net-zero target. - Speech Link
5: Baroness Blake of Leeds (Lab - Life peer) capture, usage and storage. - Speech Link
6: Lord Callanan (Con - Life peer) capture, usage and storage. - Speech Link
Mentions:
1: Lord Watson of Wyre Forest (Lab - Life peer) technological advance, leading the way in carbon capture, renewable energy, and post-carbon manufacturing - Speech Link
2: Lord Whitty (Lab - Life peer) And I met the new sector of carbon capture and storage, which will be another vital sector in delivering - Speech Link
3: Lord Mair (XB - Life peer) the all-important clean energy industry—carbon capture, utilisation and storage; electricity networks - Speech Link
4: Lord Evans of Rainow (Con - Life peer) the £20 billion recently committed to develop carbon capture, usage and storage, the UK has attracted - Speech Link
Written Evidence May. 08 2024
Inquiry: Economics of the energy sectorFound: ECO0021 - Economics of the energy sector CCSA - Carbon Capture and Storage Association Written Evidence
Asked by: Tanmanjeet Singh Dhesi (Labour - Slough)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what fiscal steps he is taking to improve productivity.
Answered by Gareth Davies - Exchequer Secretary (HM Treasury)
The Chancellor has outlined his plans to boost private sector productivity and long-term economic growth with a package of measures under the ‘four Es’ of economic growth: Employment, Enterprise, Education, and Everywhere.
The Government has introduced several fiscal measures to increase productivity. For example, we have introduced full expensing – giving the UK the most generous capital allowances regime in the OECD on a Net Present Value basis to increase business investment and boost labour productivity. We increased the R&D Expenditure Credit relief rate to 20% – the joint highest uncapped headline rate of R&D tax relief in the G7 for large companies.
We are supporting our world leading green industries. For example, up to £20bn of funding has been provided for Carbon Capture, Utilisation and Storage, and we are working with investors through our Automotive Transformation Fund to build a globally competitive electric vehicle supply chain in the UK. Furthermore, the Investment Zones programme will catalyse 12 high potential knowledge-intensive growth clusters across the UK.
We are also ensuring our labour market is more productive through our investment in skills and the Chief Secretary is currently leading a programme across government to identify the most ambitious ways to improve productivity in the public sector.
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Published - Monday 15th April 2024
Department: Department for Energy Security & Net ZeroThese Regulations make provision in connection with the offering by a carbon capture counterparty designated under section 67 of the Energy Act 2023 (“the Act”) of contracts for the capture of carbon dioxide by eligible carbon capture entities (referred to in the Act as “carbon capture revenue support contracts”). Such …
Found: The Carbon Capture Revenue Support (Directions, Eligibility and Counterparty) Regulations 2024