Welcome to the blog site of the carbon capture and storage association (CCSA)
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.
(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.