£168m for nothing: A new approach is needed for CCS

clock • 2 min read

Lord Oxburgh argues it is time for a new approach to CCS that can deliver for the environment, for taxpayers, and for the UK's industrial heartlands

The National Audit Office last week published its report on the government's attempt to develop carbon capture and storage (CCS) in the UK, and with £168m spent to date for a nil return now is surely the...

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 Infrastructure

ScottishPower secures £600m National Wealth Fund loan for subsea power link project

ScottishPower secures £600m National Wealth Fund loan for subsea power link project

Interconnector cable linking Scotland's abundant wind power with homes and businesses England is earmarked to come online in 2034

Michael Holder
clock 25 March 2026 • 4 min read
Metering reforms allow millions of homes and businesses to provide flexible grid services

Metering reforms allow millions of homes and businesses to provide flexible grid services

NESO confirms changes to rules that mean millions of households and offices with an EV charger, heat pump or battery can save money by helping balance the electricity network  

Stuart Stone
clock 19 March 2026 • 4 min read
UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment

UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment

Partners launch UK's first instant-approval process for connecting Vehicle-to-Grid chargers, in bid to speed up rollout of technologies that turn electric vehicles into 'mini power stations'

clock 13 March 2026 • 2 min read