CBI responds to re-launch of CCS competition
The CBI responded to the Government’s re-launch of a £1 billion competition to accelerate large-scale carbon capture and storage (CCS) in the UK. The CCS Commercialisation Programme and the industry’s first roadmap, aim to help develop the UK as a world leader in CCS.
Rhian Kelly, CBI Director for Business Environment policy, said:
“While we welcome today’s announcement, the Government must learn lessons from its previous competition, which took too long and was eventually abandoned. This time around the competition must be simpler and completed as quickly as possible.
“CCS has the potential to contribute significantly to our energy security, reduce carbon emissions, create jobs and become a major UK export for the future. If we are to gain any advantage from developing this important technology in the UK, the Government cannot afford to waste this opportunity.”
Notes to Editors:
The CBI is the UK's leading business organisation, speaking for some 240,000 businesses that together employ around a third of the private sector workforce. With offices across the UK as well as representation in Brussels, Washington, Beijing and Delhi the CBI communicates the British business voice around the world.