Carbon capture and storage is an important part of the transition to a low carbon economy

The Government has announced £22bn of funding for two hubs to develop Carbon Capture and Underground Storage technology (CCUS).

PICTURE: Boy Wirat

The government says the funding for two “carbon capture clusters” on Merseyside and Teesside, promised over the next 25 years, would create thousands of jobs, attract private investment and help the UK meet climate goals.

Mike Clancy, General Secretary of Prospect , said:

“Funding the development of commercial carbon capture and storage is an important part of the transition to a low carbon economy.

“Siting this new technology in areas where high carbon jobs are being phased out is also vital to support our industrial heartlands and ensure future jobs and skills.

“CCUS also allows the UK to retain and develop domestic energy intensive industries while still cutting carbon. The alternative is simply offshoring industry, losing jobs and failing to genuinely cut emissions.”