£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

CCUS: Report warns carbon capture projects still face challenging 'financing gap'
Infrastructure

CCUS: Report warns carbon capture projects still face challenging 'financing gap'

Sustainable Markets Initiative sets out roadmap for the finance sector to better support carbon capture utilisation and storage development

Michael Holder
Michael Holder
clock 19 February 2026 • 4 min read
Water resilience is Britain's next infrastructure test
Infrastructure

Water resilience is Britain's next infrastructure test

As intensifying flooding and drought across the UK shows, there is no overnight fix for water resilience - but the government's Water White Paper shows real ambition, writes Labour MP Steve Race

Steve Race MP
clock 17 February 2026 • 3 min read
Survey: Over 80 per cent of public signal support for local renewable energy infrastructure
Infrastructure

Survey: Over 80 per cent of public signal support for local renewable energy infrastructure

Survey results highlight growing public concern about the effects of climate change and reveal strong willingness to support renewable energy development

Amber Rolt
clock 11 February 2026 • 2 min read