CCUS Investor Roadmap: Capturing Carbon and a Global Opportunity

Abstract:

Carbon capture and storage is “a necessity, not an option” for the UK’s ambition to transition to net zero by 2050 The UK is well placed to lead in CCUS globally with: - A worldwide reputation as an international centre of engineering excellence - Extensive experience from the oil, gas and petrochemicals sector - Substantial CO2 storage potential and industrial infrastructure e.g. gas network The UK is a first mover; we will support the establishment of at least two low carbon CCUS clusters by the mid- 2020s and a further two by 2030 through which we aim to capture 20-30MtCO2 per year.

Publication Year:

2022

Publisher:

Department for International Trade

DOI:

No DOI minted

Author(s):

Department for International Trade