Greenhouse Gas Emissions
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the economic potential of the greenhouse gas removal sector.
Answered by Michael Shanks
The National Infrastructure Commission highlighted that GGRs could become “a major new infrastructure sector for the UK” worth billions of pounds per year by 2050. The Government intends to capitalise on this opportunity and seize the economic benefits of this emerging sector, which could provide new export opportunities and high-quality green jobs across the UK. This could transform places with more carbon-intensive industries – such as Scotland, Wales and the North East.
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