Does the UK's carbon capture strategy need a revamp?

Cecilia Keating
clock • 7 min read
The Drax Power Station in Yorkshire | Credit: iStock
Image:

The Drax Power Station in Yorkshire | Credit: iStock

Carbon Tracker report argues support for carbon capture technology should not be targeted at biomass or gas-fired power plants

Financial analysts have warned the UK's carbon capture strategy needs a major revamp, arguing it is founded on overly optimistic and outdated cost assumptions that could result in the technology being...

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 development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on CCS

CCS: Two major UK carbon capture projects clear final financial hurdles
CCS

CCS: Two major UK carbon capture projects clear final financial hurdles

Construction of CO2 transport and storage infrastructure and gas-fired power plant fitted with CCS now expected to start in summer 2025

Michael Holder
clock 10 December 2024 • 5 min read
'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies
CCS

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

BusinessGreen travels to Sheffield to visit the UK's first commercial direct air carbon capture plant

Cecilia Keating
clock 19 November 2024 • 10 min read
Is CCS being targeted at the wrong industries?
CCS

Is CCS being targeted at the wrong industries?

Figures from Global CCS Institute highlight extent to which carbon capture development pipeline is dominated by oil and gas interests

Cecilia Keating
clock 17 October 2024 • 5 min read