Company invests £120m to capture one million tonnes of CO2 each year

A company has announced a £120 million investment in a project to capture one million tonnes of carbon dioxide from industrial processes each year.

Carbon Capture Scotland (CCS) aims to remove CO2 emissions from processes like whisky fermentation and biomass incineration.

Run by brothers Richard and Ed Nimmons, it hopes a plan called Project Nexus will create up to 500 jobs by 2030.

They have already been capturing carbon dioxide for use in making dry ice.

In a joint statement, the Nimmons brothers said: “We all need carbon capture and removal to be achieved at scale.

“At CCS we focus on simple, practical means of capturing, processing, transporting and removing CO2, and we look forward to leading the global path to net-zero.

“Removing 1,000,000 tonnes of CO2 per year is the equivalent of decarbonising the gas and electricity of over 175,000 average UK homes.

“Project Nexus will achieve that, and we can start right now.”

Net-Zero Secretary Michael Matheson welcomed the plans.

He said: “The Scottish Government is fully supportive of the technology and has made £80 million available to its continued growth and development – together with a dedicated £5 million fund to support carbon utilisation.”