Tom Greatrex MP, Labour’s Shadow Energy Minister, responding to the announcement of a carbon capture competition, said:
“The UK has the potential to be a world leader in this vital low-carbon technology, and therefore the launch of the roadmap and competition are welcome.
“But there are still important questions that the Government failed to answer today. The Commercialisation Programme contained no detail about the impact of Danny Alexander’s raid on the £1 billion CCS budget last year. Investors need to know exactly how much money will be available, and when. Today’s document yet again fails to provide that clarity.”