Carbon Capture, Usage and Storage
Commons · Question 15801 · Tabled 25 Nov 2024 · Department for Energy Security and Net Zero · Official record
Answered 3 Dec 2024
Question
Asked by Wera Hobhouse
To ask the Secretary of State for Energy Security and Net Zero, if his Department will make an assessment of the potential impact of adding carbon capture, utilisation and storage costs onto household bills.
Answer
Answered by Sarah Jones, 3 Dec 2024
We have created several business models to fund CCUS projects, designed to ensure value for money whilst providing long term sight of revenue streams for investors. CCUS will be funded by a mixture of exchequer and levy sources, the exact split to be dete...