Carbon Capture and Storage: Subsidies
The question
To ask the Secretary of State for Energy Security and Net Zero, if subsidising carbon capture of certain industrial assets and not others is anti-competitive and risks creating a low carbon monopoly.
Answered by Michael Shanks
Government support for Carbon Capture, Usage and Storage (CCUS) has been designed to be compliant with the UK’s subsidy control regime. Support is awarded through transparent and competitive processes, with clear eligibility and assessment criteria, and designed to ensure that subsidies are proportionate, targeted, and minimise domestic or international market distortions.
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