13.09.2016 - UK must move now on carbon capture to save consumers billions, says report
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. With this government backing, carbon capture and storage (CCS) could deliver clean electricity at a lower cost than an expanded Hinkley Point nuclear power station and almost all renewables, the group’s report states...............................................Full Article: Source
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