Study: CCS network promises £160bn boost to UK economy

Madeleine Cuff
clock • 2 min read

A Carbon Capture and Storage network along Britain's east coast could link major industry clusters to deliver huge a economic boost through to 2060, new research suggests

The UK could enjoy an economic boost to the tune of £160bn by 2050 if it invests in a Carbon Capture and Storage (CCS) network along its East Coast. That is the conclusion of a new report released today...

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

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Technology

'A new era': EU unveils world's first voluntary standard for permanent carbon removals
Technology

'A new era': EU unveils world's first voluntary standard for permanent carbon removals

European Commission adopts first set of methodologies under bloc's Carbon Removals and Carbon Farming Regulation, delivering major boost to fledgling carbon removals market

James Murray
James Murray
clock 03 February 2026 • 4 min read
New £21.5m funding offered to boost farm innovation
Technology

New £21.5m funding offered to boost farm innovation

Defra says support will move cutting-edge research into practical tools farmers can use to boost yields and curb environmental impacts

Jane Thynne, Farmers Guardian
clock 02 February 2026 • 2 min read
How IndiNature is using hemp to cut embodied carbon from insulation
Technology

How IndiNature is using hemp to cut embodied carbon from insulation

Brian Monaghan, sales director at IndiNature, discusses the firm’s efforts to roll out carbon-negative insulation at scale, and the potential impact of a national retrofit policy

Stuart Stone
Stuart Stone
clock 02 February 2026 • 6 min read