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UK CCUS deployment costs double, while demand case shrinks: Carbon Tracker

March 13, 2024 Comments Off

The UK’s carbon capture, use and storage strategy is outdated and based on “unrealistic” economic assumptions, with deployment costs more than doubling since 2020 while demand could be smaller than thought, think tank Carbon Tracker said in a report published March 13. The UK government’s December 2023 CCUS strategy aims to capture 20 million to 30 million mt/year of CO2,…