Oct 9th 2012
Davey affirms government’s commitment to CCS development
Energy and climate change secretary Ed Davey has said carbon capture and storage (CCS) is a "pivotal" technology for reducing global CO2 emissions. Speaking at the Gastech conference on Monday 8 October, Davey argued proving the commercial viability of CCS would create an "exciting" export opportunity for UK companies that become "early leaders" in the technology, and described the £1bn fund for the commercial development of CCS as "a major step forward". He confirmed gas would continue to play an "important" role in the UK's energy mix, though increasingly as back-up or with CCS during the 2030s and 2040s. The UK could not afford to be "complacent" about its energy security and would continue to work internationally to encourage production.
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