Former Shell boss slams oil industry over slow progress on CCS

James Murray
clock •

Carbon Trust chairman James Smith argues oil industry can play a role in a low-carbon world, but only if it starts to take CCS more seriously

James Smith, the former chairman of Shell UK who now serves as chairman of the Carbon Trust, has warned his former colleagues in the oil industry that they have to urgently step up investment in carbon...

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 CCS

Why placing a 'carbon storage obligation' on North Sea oil and gas could benefit UK industry
CCS

Why placing a 'carbon storage obligation' on North Sea oil and gas could benefit UK industry

Making the operators of Rosebank and Jackdaw financially responsible for capturing and storing CO2 could give Andy Burnham a world-leading policy to present at COP31, writes Stephanie Loo from the Carbon Balance Initiative

Stephanie Loo, Carbon Balance Initiative
clock 24 September 2026 • 5 min read
Swapping carbon capture funding for defence is a false economy
CCS

Swapping carbon capture funding for defence is a false economy

The Defence Investment Plan makes a clear case for strengthening Britain's military, but if ministers fund that ambition by diverting money away from CCUS, they risk undermining one of the key industries needed to deliver it, argued the Mineral Products...

Martin Casey, Mineral Products Association
clock 28 August 2026 • 4 min read
Veolia and Sheffield City Council successfully trial 'UK first' carbon capture technology
CCS

Veolia and Sheffield City Council successfully trial 'UK first' carbon capture technology

Waste, water, and energy giant to capture up to a tonne of CO2 daily at the Sheffield Energy Recovery Facility

Stuart Stone
clock 04 August 2026 • 4 min read