Boosting UK-wide value-added and employment without further demands on the public purse: the advantages of developing an export base for Scottish CO2 Transport and Storage

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Abstract

A nascent Scottish CO2 Transport and Storage (T&S) sector linked to the Acorn T&S project could play a vital role in developing a UK export base involving servicing overseas demand for CO2 sequestration services. Developing new greener export bases will be an important aspect of delivering a prosperous net zero economy, and it is one where Scottish T&S could offer particular opportunities relative to other UK Carbon Capture Utilisation and Storage (CCUS) clusters in leveraging the value-added, employment and revenue gains of planned investment in the CCUS cluster sequencing process without putting additional demands on the public purse. This could be an essential contribution in realising self-sustaining CCUS activity by 2035, in line with the UK Government’s CCUS Vision.
Original languageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Number of pages5
Publication statusPublished - 1 Mar 2024

Keywords

  • CO2 Transport and Storage (T&S)
  • economy
  • energy
  • Net Zero
  • decarbonising industry

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