The Business, Energy and Industrial Strategy
Committee kicks off its inquiry on carbon
capture, usage and storage (CCUS) and efforts to kickstart this
technology in the UK, on Tuesday 6 November (12.30) with a
hearing including witnesses from the carbon capture and storage,
chemicals, and energy industries.
The session on Tuesday is likely to examine the importance of
CCUS in meeting UK carbon emission reductions targets, issues
around reducing the costs of CCUS, the industrial challenges and
opportunities around CCUS, and what steps the Government should
take to follow up on the CCUS Cost Challenge Taskforce
report
Speaking ahead of the hearing, MP, Chair of the Business,
Energy and Industrial Strategy Committee,
said: “Carbon capture, usage and storage (CCUS) is
expected to play an essential part in meeting the UK’s carbon
budgets. In this inquiry we want to examine the content and
extent of the Government’s ambitions for CCUS and explore what
policy levers are needed to ensure large-scale use of CCUS
becomes a reality. Clear policy signals will be crucial in
creating a market in CCUS into the 2030s and, if the Government
judges the costs are too high to make CCUS viable, then it they
really must set out a workable alternative as the UK seeks to
meet its carbon emissions targets”.
The BEIS Committee’s inquiry is examining the Government’s
commitment to deploying CCUS technology and whether it has a
“Plan B” to meet the UK’s climate change targets should desired
cost reductions not materialise. This short-inquiry is expected
to conclude with a final Ministerial evidence session later in
November.
Witness schedule:
Tuesday 6 November, 12.30 (Venue: The Thatcher Room Portcullis
House)
- Luke
Warren, CEO, Carbon Capture and Storage Association
- Professor
Stuart Haszeldine, Director, Scottish Carbon Capture and Storage
- Kristofer
Hetland. CCS – Senior Adviser, Project Management, Equinor
- Nick
Sturgeon, Energy and Competitiveness Director, Chemicals Industry
Association