Government to draw up 'treasure map' to gauge UK undersea CO2 storage potential

Michael Holder
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Fresh regulatory powers to be granted to North Sea Transition Authority requiring oil and gas firms to report on potential CO2 storage capacity

The government is aiming to draw up a "treasure map" detailing the UK's potential for storing carbon dioxide under the seabed, after announcing today that a set of new regulatory powers are to be granted...

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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

'Sustainability remains a priority': Bosch beefs-up 2030 supply chain emissions target

Fight against 'hopelessly inadequate' UK climate adaptation plan heads to top European court

More on CCS

Reaching net zero will require CCS - but only in a limited role
CCS

Reaching net zero will require CCS - but only in a limited role

Tony Blair has called for a shift from reducing emissions to capturing them - but the reality is that CCS is no panacea for decarbonisation, writes the Carbon Trust's Simon Retallack

Simon Retallack, Carbon Trust
clock 07 May 2025 • 4 min read
Heidelberg Materials given green light for carbon capture system at Wales cement factory
CCS

Heidelberg Materials given green light for carbon capture system at Wales cement factory

Once operational in 2029 the project is expected to capture 'almost all' of the CO2 emitted from the firm's existing Padeswood cement manufacturing site

Amber Rolt
clock 09 April 2025 • 2 min read
Equinor, Shell, and TotalEnergies to expand CO2 storage site with $714m investment
CCS

Equinor, Shell, and TotalEnergies to expand CO2 storage site with $714m investment

Northern Lights joint venture expected to begin injecting captured industrial CO2 under the seabed off the west coast of Norway from this summer

Michael Holder
Michael Holder
clock 28 March 2025 • 3 min read