Energy firms chafe at UK's carbon capture plans
The Guardian reports that some energy firms operating in the UK are chafing at the Government’s plans to require all new coal power plants to have carbon capture and storage (CCS) technology by 2025.
According to the paper, companies including E.ON and npower plan to lobby the Government to change that requirement if CCS technology isn’t proven by the proposed deadline.
Under the programme recently outlined by Energy and Climate Change Secretary Ed Miliband, proposal, the UK will set up a new levy mechanism to support up to three CCS demonstration projects. That’s in addition to an ongoing Government competition to build a post-combustion demonstrator.
said.”CCS is the only technology with the potential to reduce emissions from fossil fuels by up to 90 per cent,” Miliband said. “But there must be a global effort to develop this technology and the UK is in a strong position to lead this charge.”