CBI RESPONDS TO RE-LAUNCH OF CCS COMPETITION
The CBI today (Tuesday) responded to the Government’s re-launch of a £1 billion competition to accelerate large-scale carbon capture and storage (CCS) in the UK.
The CCS Commercialisation Programme and the industry’s first roadmap, aim to help develop the UK as a world leader in CCS.
Rhian Kelly, CBI Director for Business Environment policy, said:
“While we welcome today’s announcement, the Government must learn lessons from its previous competition, which took too long and was eventually abandoned. This time around the competition must be simpler and completed as quickly as possible.
“CCS has the potential to contribute significantly to our energy security, reduce carbon emissions, create jobs and become a major UK export for the future. If we are to gain any advantage from developing this important technology in the UK, the Government cannot afford to waste this opportunity.”
Rhian Kelly, CBI Director for Business Environment policy, said:
“While we welcome today’s announcement, the Government must learn lessons from its previous competition, which took too long and was eventually abandoned. This time around the competition must be simpler and completed as quickly as possible.
“CCS has the potential to contribute significantly to our energy security, reduce carbon emissions, create jobs and become a major UK export for the future. If we are to gain any advantage from developing this important technology in the UK, the Government cannot afford to waste this opportunity.”
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Stuart
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