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Carbon Emissions: Business

Asked by Oliver RyanLabour (Co-op)Department for Energy Security and Net ZeroTabled Answered 18 November 2024UIN 13606

The question

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the effectiveness of support available to businesses developing technologies to reduce carbon emissions.

Answered by Kerry McCarthy

The Government policies supporting businesses to develop technologies to reduce carbon emissions adhere with the Department's published monitoring and evaluation framework, which sets out our commitment to robust and proportionate monitoring and evaluation of the effectiveness of our policies (https://www.gov.uk/government/publications/desnz-monitoring-and-evaluation-framework).

Example programmes through which the Government provides support for low carbon technology development include the Net Zero Innovation Portfolio and its predecessor, the Energy Innovation Programme. Both of these are monitored through Key Performance Indicators and subject to external evaluations. An evaluation of the Energy Entrepreneurs Fund, for instance, found that it was effective at accelerating technological progress (https://www.gov.uk/government/publications/energy-entrepreneurs-fund-phases-1-7-final-evaluation).

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