UK Budget commits significant funding to CCS deployment


The UK Government has committed £800m to establish carbon capture and storage (CCS) in at least two sites – one by the mid-2020s and one by 2030 – as part of its Budget 2020.

The move has been welcomed by trade body the Carbon Capture and Storage Association (CCSA).

Luke Warren, Chief Executive of the CCSA, said, “The announcement of at least £800m to support the development of two CCS clusters in the 2020s is a really welcome and a very significant step forward.”

“The UK Government has clearly recognised that CCS is an essential tool if we are to achieve the net zero target and they have now taken action to make CCS a reality.”

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