Carbon capture will cut decarbonisation costs by £32bn, industry says

Will Nichols
clock •

CCS could deliver a "significant prize" for the UK economy if government can bring projects forward, CCS Association predicts

Meeting the UK's decarbonisation targets will cost £32bn more without large scale carbon capture and storage (CCS) technology, an industry study has warned. Developing a domestic CCS sector is vital...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

It's time for a re-think on the media's net zero reporting

It's time for a re-think on the media's net zero reporting

Roger Harrabin
clock 23 October 2026 • 4 min read
'This must be the final chapter for North Sea drilling': Jackdaw approval sparks calls for strengthened plan to end fossil fuel reliance

'This must be the final chapter for North Sea drilling': Jackdaw approval sparks calls for strengthened plan to end fossil fuel reliance

Government announces new £2bn Energy Wealth Fund alongside green light for controversial gas field, but campaigners argue bolder decarbonisation efforts are urgently needed

James Murray
clock 21 October 2026 • 7 min read
Government to approve controversial Jackdaw gas field project

Government to approve controversial Jackdaw gas field project

Decision set to spark fierce criticism from climate campaigners who have warned new fossil fuel projects risk breaching the UK's legally-binding emissions targets

Michael Holder
clock 21 October 2026 • 7 min read