All the updated news related to carbon capture

All the news related to carbon capture updated in real time

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Scotland

Carbon capture could be worth £100 billion to UK economy by 2050 – report

Carbon capture and storage could be worth £100 billion by 2050, an industry report has said, with analysts predicting the UK has enough capacity to hold two centuries’ worth of emissions. But despite the country being well-placed to become a world ...

27 Jul 2022 at 10:20

Scotland

Scottish Government pledges £5 million for carbon capture and utilisation fund

Energy Secretary Michael Matheson has said the launch of a new fund could help put Scotland at the forefront of the new “opportunities that will result from a future with carbon capture”. While ministers in Holyrood have attacked the UK ...

11 Apr 2022 at 01:25

Scotland

Ineos puts design of low-carbon hydrogen plant in Grangemouth out to tender

Bosses at the petrochemical giant Ineos have announced the next step in plans to build a hydrogen manufacturing plant at their site at Grangemouth. The company plans to invest in what it describes as a “world-scale, low-carbon, ...

27 Jan 2022 at 01:25

UK’s first carbon storage licensing round gets under way

The launch of the UK’s first carbon storage licensing round has been hailed as an “important day on the path to net zero”. Andy Samuel, the chief executive of the North Sea Transition Authority (NSTA), spoke out as the process ...

14 Jun 2022 at 01:01

Chancellor reclassifies nuclear power as ‘environmentally sustainable’

Nuclear energy is to be reclassified as “environmentally sustainable” to give it the same access to investment incentives as renewables, the Chancellor has said. In his Spring Budget delivered on Wednesday, Jeremy Hunt said ...

15 Mar 2023 at 14:53

Scotland

Ministers warned over ‘dangerous distraction’ of carbon capture schemes

Environmental campaigners are calling on the Scottish Government to end support for carbon capture, insisting such projects are a “dangerous distraction” from the need to move away from fossil fuels. Friends of the Earth ...

12 Mar 2023 at 00:01

Government urged to use upcoming Budget to fund Scottish carbon capture project

A Commons committee has challenged the UK Government to use next week’s Budget to fund the Acorn carbon capture and storage programme in the north east of Scotland. Pete Wishart, chair of the Scottish Affairs Committee ...

10 Mar 2023 at 00:01

Sunak commits to future North Sea licensing – but also backs carbon capture

Rishi Sunak has backed future oil and gas development in the North Sea but also announced two further carbon capture and storage projects would go ahead as part of the drive for net zero. The Government has now ...

31 Jul 2023 at 11:22

Carbon capture technology ‘will not help achieve Paris Agreement targets’

Carbon capture and storage (CCS) will not help achieve the goals of the Paris Agreement, the trade body representing oil and gas companies in the North Sea has said. Climate scientists have said that slashing ...

20 Jul 2023 at 12:42

Chemical reaction used by cooks may have helped create life on Earth – study

A chemical process that occurs in the browning of food to give it its distinct smell and taste is probably happening deep in the oceans, where it helped create the conditions necessary for life, researchers ...

02 Aug 2023 at 16:18

What is carbon capture and will it help the environment?

Hundreds of new oil and gas licences will be granted in the UK, with the Government committed to developing existing reserves as well as carbon capture and storage (CCS). Apart from supporting thousands of ...

31 Jul 2023 at 13:29

Sunak: New North Sea licences ‘entirely consistent’ with UK net-zero pledge

Rishi Sunak has insisted that granting more than a hundred new licences for oil and gas extraction in the North Sea was “entirely consistent” with the UK’s net-zero commitments – despite climate ...

31 Jul 2023 at 15:49

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