Kickstarting the carbon capture and storage industry with a state-backed company will deliver the clean electricity needed to meet climate targets more cheaply than Hinkley Point C, says government advisory group
The UK must immediately kickstart an industry to capture and bury carbon emissions in order to save consumers billions a year from the cost of meeting climate change targets, according to a high-level advisory group appointed by ministers.
This requires the setting up of a new state-backed company to create the network needed to pipe the emissions into exhausted oil and gas fields under the North Sea, the group said.
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Source: Guardian Environment