Decision to scrap CCS competition was short-sighted, says NAO
The government’s decision to cancel its £1bn Carbon Capture and Storage (CCS) competition will affect the costs of meeting long-term carbon targets, a new report has found. The National Audit Office’s (NAO) Sustainability in the Spending Review report, issued on Wednesday 20 July, found that the cancelling of the competition has “removed the option of CCS contributing meaningfully to decarbonisation before 2030”. As a result of this the NAO said there is no viable method of achieving deep emission reductions from the industrial sector in the near future. The report also argued that there is as a consequence less time to build the CCS infrastructure required in order for it to contribute to the UK’s decarbonisation target.