SIMEC boss: Government-backed financing solution is needed for CCS

Madeleine Cuff
clock
Uskmouth power station | Credit: SIMEC
Image:

Uskmouth power station | Credit: SIMEC

EXCLUSIVE: Technology is ready for carbon capture and storage, says Jay Hambro, but lack of insurance solution is holding back its deployment

Carbon capture and storage (CCS) systems will fail to take off in the UK unless a solution is found to protect companies from the risk of carbon leaking into the atmosphere decades later, a high-level...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Technology

A concept of Airbus' zero emission hydrogen powered planes | Credit: iStock

Airbus launches new hydrogen research hub for zero emission aviation technologies

New West Country research hub officially launched, as government publishes roadmap for decarbonising the aviation sector supply chain

Cecilia Keating
clock 27 May 2022 • 3 min read
Credit: GreenBiz.com

Can Elon Musk save ESG?

The decision to remove Tesla from one of the world's most influential ESG indexes raises important questions over how companies' environmental credentials are judged

Joel Makower, GreenBiz.com
clock 27 May 2022 • 6 min read
Choco: Meet the German startup digitising restaurant orders to address food waste

Choco: Meet the German startup digitising restaurant orders to address food waste

Berlin-based startup reveals how it plans to accelerate its expansion following last month's $111m funding round

Isabel Ling, GreenBiz.com
clock 27 May 2022 • 4 min read