Only CCS can decarbonise heavy industry – report

Carbon capture and storage (CCS) is the only technology that can help decarbonise the energy intensive industry to help meet the UK’s carbon targets. That’s according to a new report form think tank Green Alliance, which claims the UK’s approach to developing CCS only focuses on cutting the costs of electricity production. It believes the […]

Treasury consults on new North Sea tax allowance

A new consultation that aims to support investment in “ultra high pressure, high temperature” oil and gas projects has been launched. The Government is inviting views from a wide range of stakeholders including individuals, companies and professional bodies in a bid to encourage exploration in surrounding oil and gas areas or “clusters”. Estimates suggest up […]