We’re not going to be able to stop burning hydrocarbons in time to hit the 2050 target. But what if we captured them instead?
With the UK government planning to set out a review on the costs of transitioning in the autumn, EY’s Graham Beal and Costain’s Dave Richardson got together to drill into the case for carbon capture, use and storage (CCUS).
New businesses will have to step up to meet industrial need for CCUS. The UK is well positioned to store CO₂, the North Sea will be an ideal home to capture gas, but we’re going to need to determine a commercial basis in order to get things going.
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