Scaling up carbon capture utilisation and storage (CCUS) technology could create thousands of jobs in the UK’s industrial heartlands over the next four years while playing a pivotal role in achieving the nation’s climate goals, according to new research. A report published this morning by the Carbon Capture and Storage Association (CCSA) calculates 10,000 jobs could be generated by the middle of this decade if government and industry work together to meet the Climate Change Committee’s goal of capturing 22 million tonnes (Mt) of carbon dioxide a year by 2030. The report urges the government to introduce a long-term funding framework for the nascent market at the next Spending Review, arguing the move would give industry confidence to invest in the fledgling technology and deliver the UK’s first generation of CCUS projects.
Business Green 8th July 2021 read more »
Edie 8th July 2021 read more »
Some of the world’s biggest energy companies have joined forces to develop carbon capture and storage technology in Teesside and the Humber in a project that could create 25,000 jobs. The East Coast Cluster brings together many of the biggest names in energy including BP, Equinor, Shell, SSE, Drax and National Grid. The newly combined group will today submit its application to a government competition that will select the first two “industrial clusters” to receive financial support to develop the nascent technology in Britain. Other projects in the running are in Scotland, Wales and the northwest.
Times 9th July 2021 read more »
Scotland has moved a step closer to a greener future with petrochemicals giant Ineos – founded by multi-billionaire Sir Jim Ratcliffe – today unveiling plans to develop the first carbon capture and storage (CCS) system north of the Border, at Grangemouth.
Scotsman 9th July 2021 read more »