About the report launch reception
The report launch “CCS in the UK – Infrastructure to Unlock Investment” reception will take place on Monday, November 21st at Carlton House in London – (10-11 Carlton House Terrace, London, SW1Y 5AH).
During the first half of the evening, you will hear from senior sector leaders who have contributed to the report, who will be speaking about the report’s recommendations and the overall UK’s approach to CCS. This event is free to attend, and particularly relevant for policy, academic and private sector leaders.
There will be an opportunity for policy, academic and private sector leaders to network and meet with each other after the first half of the event.
About the report
Current projects to capture or remove carbon globally are nowhere near enough to meet the world’s climate targets. According to 2018 IPCC report, to limit global warming to 1.5 °C we will need to remove between 100 – 1000 GtCO2 from the atmosphere over the 21st century. The UK Government has committed to capturing 47Mt of carbon dioxide by 2050, requiring a major upscale of current carbon management operations, thus there is a need for a robust deployment plan to encourage adoption of such technologies.
The report explores the potential for Carbon Capture and Storage (CCS) to help achieve net zero targets with a particular focus on the UK’s CCUS hubs. The objective of the report, which PPP carried out in partnership with Third Way, was to address barriers to wider deployment of CCS projects in the UK, while also focusing on wider issues surrounding their financing, regulation and policy.
It draws on a series of features, case studies, webinars, interviews and roundtables carried out throughout 2022. Throughout its development, Public Policy Projects (PPP) has consulted cross-sector stakeholders in the UK from private and public sectors, as well as senior leaders in several countries including Brad Crabtree, Assistant Secretary for the Office of Fossil Energy and Carbon Management at the United States Department of Energy (DOE) and the Climate attaché to the EU Delegation to the UK Emilien Gasc.