Today The Tony Blair Institute’s released a report, ‘Scaling the Carbon-Removals Economy’, setting out the importance of carbon dioxide removals (CDRs) and the steps needed to scale-up the industry to meet our climate targets.
Following the release of the report CCSA Senior UK Policy Officer, Despoina Tsimprikidou, said:
“The CCSA welcomes the Tony Blair Institute’s report highlighting the critical role of CDRs in achieving our climate targets and protecting our environment for future generations. As the report rightly highlights, to tackle climate change effectively, we must actively remove CO₂ already in the atmosphere, alongside deep emissions cuts.
Carbon Capture, Utilisation and Storage (CCUS) infrastructure is essential for scaling up CDRs, while safeguarding key industrial sectors, supporting a secure, low-carbon energy system and helping decarbonise sectors such as aviation. Early investment in these technologies will reduce costs over time, making the transition more affordable and sustainable.
With the right policy, regulatory support, and coordinated investment now, the UK can lead globally in CCUS alongside CDRs – transforming our geology into a service industry for permanent CO₂ storage, creating new export opportunities, jobs and long-term economic advantage. The UK is already progressing rapidly on the report’s delivery pillars but momentum needs to be maintained if the UK is to become a global leader in CDR.”