UK

02.04.26| Olivia Powis, CEO of the CCSA, said: “British industries must be protected from deindustrialisation and increasing costs, but this can be done without scrapping the carbon pricing framework which has successfully attracted billions of pounds of investment into the UK.

Maintaining investor confidence is essential for the future of low carbon technologies like carbon capture utilisation and storage – which future-proofs our energy and industries at a time when energy and product security is more crucial than ever.

The government must provide support to decarbonising industries, with greater levels of allowances, timely carbon border adjustment mechanisms and exemptions from wider policy costs to deliver competitive pricing for industry – without removing the incentive for future investment.”