There is global consensus that carbon capture usage and storage (CCUS) will be essential to successfully tackling climate change and meeting the ambitions of the Paris Agreement. The Department for Business, Energy and Industrial Strategy (BEIS) recently consulted on the potential business models for carbon capture, usage and storage (CCUS). This was seeking to understand how a core set of CCUS specific risks, which have been presented as an intractable problem for previous projects may be mitigated through the development of business models. UKERC provided a response to the recent BEIS consultation on CCUS |