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<p>The Government’s CCUS Action Plan sets out that we see an opportunity for the UK
to become a world-leader in carbon capture, usage and storage (CCUS) technologies,
building on our strong domestic supply chain and established skills base.</p><p>In
order to support this, we are investing in over £50 million in CCUS innovation programmes,
supporting innovative technologies across the UK between 2017 and 2021.</p><p>On 27
June we announced that nine companies have secured £26 million of government funding,
in addition to industry backing, to advance the rollout of carbon capture, utilisation
and storage (CCUS) in the UK - a crucial step towards the UK’s net zero emissions
and the end of the UK’s contribution to global warming. It is the next milestone for
the Government’s ambition for the UK to be a world-leader in the field as laid out
in the Clean Growth Strategy and the CCUS Action Plan</p><p>One company, Tata Chemicals
is being awarded £4.2m toward the construction of a facility to capture and utilise
40,000 tonnes of carbon dioxide a year – the equivalent of 22,000 cars. When fully
operational in 2021 it will be the largest carbon capture plant in the UK, removing
100 times more carbon dioxide from the atmosphere than the country’s current largest
facility.</p><p>We also recognise the significant potential opportunities from exporting
CCUS technologies as part of realising this ambition, supporting the retention and
creation of high-value jobs, creating inward investment opportunities and helping
to support CCUS exports which could be worth multiple billions of pounds per year
to the UK economy in the future.</p><p>In order to maximise the export opportunities,
we are working closely with the Department for International Trade to map UK capabilities
and identify international opportunities in order to support UK-based companies with
CCUS expertise, services and products</p>
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