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Posted by on in General

In November last year I blogged – rather emotively I might add – about the decision of the UK Government to withdraw funding for Carbon Capture and Storage (CCS) in the 2015 Spending Review.

The decision came as a shock, not least because it called into question UK commitment to climate change and added to growing concerns around the confidence of project developers and financiers to invest in UK low carbon infrastructure.

If we needed any further evidence that the implications of the decision were profound, then that evidence came today in the form of a letter from the Committee on Climate Change to Secretary of State Amber Rudd.

Set in the context of the Committee’s advice on the 5th Carbon Budget and the recent global climate agreement at COP 21, the Committee reiterates much of the evidence it published in 2015 around CCS cost reduction pathways. Once again the Committee confirms that the costs of achieving UK emissions reduction targets for 2050 would likely double if CCS is not developed at the pace and scale it suggests is necessary.