The UK government has launched a call for evidence for new options for transporting CO2, on top of the existing network of pipelines, supporting industry on the path to net zero.
Carbon-capture technology works by capturing CO2 before it reaches the atmosphere, storing it safely underground in offshore sites and reducing emissions.
The Climate Change Committee has described the technology as a necessity for meeting net zero targets.
The UK has a distinctive geology and the capacity to store up to 20-30 million tonnes of CO2 annually by 2030, according to the government.
This would be equivalent to removing four-to-six million cars from UK roads each year and pave the way for widespread deployment of carbon capture by 2035.
It is anticipated that projects using non-pipeline transport methods will be eligible for selection as carbon capture projects from 2025 onwards.
The call for evidence will run for 10 weeks, after which the industry will be supported with significant investment of up to £20bn.
UK energy efficiency and green finance minister Lord Callanan said: “The UK has the right geology, talent and expertise to build a world-leading carbon capture industry, driving investment and economic growth to our industrial heartlands.
“Businesses right across the country want to do their bit to reduce carbon emissions and I want to hear from them how we can deliver greener solutions for industry by giving them ever-greater access to this game-changing technology.”
Achievements and innovations in sustainable urban mobility planning will be celebrated at the third annual CiTTi Awards, which will be held on 26 November 2024 at De Vere Grand Connaught Rooms in London. Nominations are open now! Please visit www.cittiawards.co.uk to learn more about this unmissable event for the UK’s transportation sector.