Sunak commits to future North Sea licensing – but in addition backs carbon seize

Jul 31, 2023 at 8:38 AM
Sunak commits to future North Sea licensing – but in addition backs carbon seize

R

ishi Sunak has backed future oil and fuel growth within the North Sea but in addition introduced two additional carbon seize and storage tasks would go forward as a part of the drive for web zero.

The Government has now dedicated to offering as much as £20 billion of funding for early deployment of carbon seize, utilisation and storage (CCUS), with the Acorn challenge in Scotland’s north east now receiving assist, together with the Viking challenge within the Humber.