Department for Energy Security and Net Zero provided the following answer to your written parliamentary question (198584):
Question:
To ask the Secretary of State for Energy Security and Net Zero, whether she has made an estimate of the government’s budget for carbon capture and storage expenditure over the next five years. (198584)
Tabled on: 11 September 2023
Answer:
Graham Stuart:
In the 2023 Spring Budget, the Chancellor announced an unprecedented £20 billion investment in the early development of carbon capture, usage and storage (CCUS). The quantum of spend within a given period will depend on the outcome of commercial negotiations and will be subject to confirmation at the next and subsequent spending reviews.
The answer was submitted on 19 Sep 2023 at 11:40.
Comment. It is most important that this spending is reviewed and properly controlled. The UK needs to keep in line with major industrial nations like China and Germany, as CCUS is all additional cost. If we burden ourselves and competitors do not we will simply lose more industry and swell the bill for subsidies to try to offset the damage.
September 22, 2023
Good morning.
Another SCAM and complete waste of money.
Funny how government can find the money for this crap ?
September 22, 2023
How very objective.
September 22, 2023
Am I missing something here???
I was taught that plants capture carbon & convert it to oxygen.
Why are we spending £20million on new technology. That nature provides for free??????
Plus why are Governments ‘rewilding’ & destroying fields that grow plants for food??
Surely, we should be expanding our use of plants in every aspect of our lives! Not destroying them! It’s utter stupidity!
September 22, 2023
Trees are cheaper to install and run ? This all sounds a bit like the heat pump development story. Remember go diesel cars to cut down on CO2. Can you trust Parliment to make wise long term technical investment choices?
September 22, 2023
So £20 billion actually meaningless virtue signalling. plucked out of the air to get the green blob off their backs,
September 22, 2023
More Don’t know bullshit. Capture carbon and starve plant life.
September 22, 2023
Since we now know that CO2 is rising fast due to Chinese and Indian coal fired power stations, what is the point of underground storage in Yorkshire ? The whole concept is unnecessary in any case as CO2 cannot cause dangerous global warming.
September 22, 2023
The only reason for pumping CO2 underground is for enhanced recovery in suitable oil and gas fields. Otherwise it is just wasting taxpayers’ money as if we were a country so rich we cared nothing for the excesses of the elite’s pecadilloes.
September 23, 2023
CO2 capture and storage is the most useless and wasteful of all Nut-zero measures.
Reasons:
It’s pointless just like trying to empty the ocean using a spoon. It uses huge amount of energy to achieve nothing.
CO2 concentration is 430 PPM in the atmosphere, there are no reliable way of extracting it without a large and wasteful factory.
We are closing strategically important industries like steel, aluminium, car and fertilisers but wasting resources on a pointless activity while 90% of the world is increasing the production of CO2.
Summary: total madness
September 25, 2023
It rather sound as though they should plant more forests in the urbanised areas of the country. After all, these are the best and most natural heat sinks. Or you could simply encourage people to plant trees in their gardens – tax breaks for mature trees etc.