UK PRIMES THE CCS PUMP BUT FUTURE REMAINS UNCERTAIN
January 1st, 2013
THE BRITISH government is creating a unique regime of energy price incentives to spur commercialisation of carbon capture and storage systems, yet significant barriers remain to unlocking the billions of Pounds Sterling needed to build a CCS industry of sufficient mass in the UK able to create economies of scale for investors.This was the wider context as the UK Government prepared to announce early this year (2013) which of four shortlisted CCS projects would be awarded government funding from a GBP1 billion fund to offset the capital costs of demonstration ...
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