Projects per year
Abstract
In 2021 the UK Government commenced a ‘cluster sequencing’ initiative to identify early movers in delivering carbon transport and storage (T&S) services to proximate regional industry clusters with capture potential. A Scottish proposition focussed primarily on linking the Grangemouth industry cluster to North Sea storage, and the potential to transition Oil and Gas industry capacity to deliver CO2 T&S, has devolved policy support. This is in terms of potential to transition and create new direct industry and supply chain jobs, set against risks of displacing jobs in different sectors and regions of the UK. We introduce a Scottish CO2 T&S industry to a UK multi-sector economy-wide model, assessing the extent of potential expansion and job creation in the presence of supply-side and funding constraints. We find that large employment ‘multiplier’ gains registered in previous studies only apply over the very long term and in the absence of such constraints. Crucially, any need to recover demands on the public purse via socialisation of costs severely constrains possible gains, while imposing ‘polluter pays’ leads to net economy-wide contractions triggered by competitiveness losses concentrated in Scottish cluster industries, leading to offshoring of production and jobs, potentially skewed within the localities hosting the clusters.
Original language | English |
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Pages (from-to) | 411-429 |
Number of pages | 19 |
Journal | Local Economy: The Journal of the Local Economy Policy Unit |
Volume | 36 |
Issue number | 5 |
Early online date | 31 Oct 2021 |
DOIs | |
Publication status | E-pub ahead of print - 31 Oct 2021 |
Keywords
- CGE models
- carbon capture
- CO2 transport and storage
- economy-wide impacts
- employment multipliers
- industrial decarbonisation
- new industry development
- regional industry clusters
Fingerprint
Dive into the research topics of 'Could a new Scottish CO2 Transport and Storage Industry deliver employment multiplier and other wider economy benefits to the UK economy?'. Together they form a unique fingerprint.Projects
- 2 Finished
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PLATON - a PLATform for Open and Nationally accessible climate policy knowledge
Research Council of Norway (The)
1/01/19 → 31/12/22
Project: Research
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UK Carbon Capture and Storage Research Centre 2017 (UKCCSRC 2017)
EPSRC (Engineering and Physical Sciences Research Council)
1/04/17 → 31/12/22
Project: Research
Research output
- 1 Citations
- 1 Working paper
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Is there a tension between 'green growth' and regional 'levelling up'? Impacts of introducing an infrastructure-intensive carbon transport and storage industry to service the UK's regional manufacturing clusters
Turner, K., Race, J., Alabi, O., Calvillo, C., Katris, A. & Swales, K., 6 Aug 2021, Glasgow: University of Strathclyde, 34 p.Research output: Working paper
Open AccessFile