THE UK may have missed out on a chance to become a world leader in carbon capture and storage (CCS) after it failed to develop a strategy for the sector following the cancellation of two multimillion pound competitions, according to a committee of MPs. Westminster’s powerful Public Accounts Committee (PAC) said yesterday that the government’s abrupt 2015 cancellation of a £1 billion contest aimed at developing a commercial-scale CCS project was short-sighted and “shabby”. It came after a previous decision to end a similar funding initiative in 2011. The PAC said despite spending £168 million on two competitions that were subsequently aborted, the UK was “no closer to establishing CCS” and had now “missed opportunities to be at the forefront of a growing global industry”.
The National 29th April 2017 read more »