Sunday, 4 November 2012

Westminster Must Act Swiftly on CCS Projects

News that the amount of power expected to be generated from gas by 2030 has quadrupled in the last year highlights why it is more important than ever to invest in carbon capture projects.

A report in today's Observer [Sunday] also shows that less than a tenth of the gas power is projected to have carbon capture and storage technology fitted to trap and bury carbon dioxide emissions.

Commenting, SNP Westminster Energy spokesperson Mike Weir MP said:

"The fact that the amount of power expected to be generated from gas by 2030 has quadrupled in the last year highlights that it is more important than ever to invest in carbon capture projects.

"The report worryingly points out that less than a tenth of gas power is projected to have CCS technology fitted - which is why the UK government must act swiftly to change this.

"Building a greener future is central to our success and the promise of CCS incentives is welcome but enough time has already been wasted.

"This week it was confirmed two Scottish projects at Peterhead and Grangemouth made it through to the shortlist of CCS projects which will now be considered for financial support.

“Scotland has the biggest CO2 storage capacity in Europe and getting this technology right can bring huge investment and many jobs to Scotland, but to get there it is essential that these projects are supported in their early days."
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