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<p>The Government has committed an overall package of over £2 billion to help industry
on the path to Net Zero. Within this, the Industrial Energy Transformation Fund was
announced in November 2018 as a £315 million scheme to provide industry, including
energy intensive industries, with support for energy efficiency and decarbonisation
projects. This scheme is on track to launch in Spring 2020.</p><p> </p><p>The 2020
Budget announced measures that reflect Conservative Manifesto commitments and build
on existing policies. For example, it included a new £800m Carbon Capture and Storage
(CCS) Infrastructure Fund to establish CCS in at least two sites, one in the 2020s
and another by 2030. Other manifesto commitments to support industrial decarbonisation
will be considered in the upcoming Spending Review.</p>
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