Welcome to the blog site of the carbon capture and storage association (CCSA)
(Reproduced from the November 2015 issue of Adjacent Government)
Judith Shapiro, Policy and Communications Manager at The Carbon Capture and Storage Association (CCSA) asks whether the government will consider CCS in the 2015 Energy Bill…
When this publication last looked at CCS, the new Conservative majority government had just been elected. In the months since this government has been in power, changes have taken place in some industries, whereas in others – things remain the same. For CCS, we are drawing ever closer to the decision point for the projects in the competition – the first key date to watch out for is the 25th of November, when the Chancellor will publish the Spending Review 2015. In this Spending Review, all government spending will be scrutinised, which means the £1bn allocated to the CCS competition could be in danger. So all efforts are focussed on making sure the government retains this £1bn which will be essential to ensuring that both CCS competition projects can be built.
There have been a few interesting articles on CCS recently; firstly the Telegraph article “Lucky Britain to win 21st century jackpot from carbon capture”, 2nd September and yesterday the FT article “Carbon capture: Miracle machine or white elephant?”, 9th September.
Whilst it is obviously great that CCS is gaining increasing attention in the media, we need to look at the messages that these articles leave behind.
Welcome to the new blog of the CCSA; “Going Underground”. In this blog, we hope to give you some insights into the big issues affecting CCS at the moment – in the UK, Europe and internationally.
If you’re here, then you probably already know that CCS is one of the most vital low-carbon technologies in the global fight against climate change. The recent IPCC Fifth Assessment report shows that it is almost impossible to meet the global 2 degrees target without CCS, and that attempting to do so would ramp up the cost of mitigation by a massive 138%! Compare that with scenarios where nuclear is phased out (7% cost increase) or solar and wind have limited roles (6% cost increase) and the importance of CCS becomes glaringly obvious.