The Potential Economic Value of Increasing Scottish CO2 Transport and Storage Capacity to Service Overseas Export Demand

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Abstract

This brief explores a new Scottish CO2 Transport and Storage (T&S) industry linked to the Acorn CCS project, with capacity to sequester 3.8Mt of emissions from the Scottish cluster and a further 2.6Mt from overseas, could deliver a sustained uplift in UK GDP, create jobs across the economy and reduce the near- to mid-term public budget implications of intervention to guarantee utilisation of Scottish T&S capacity.

Original languageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Number of pages6
Publication statusPublished - 1 Mar 2023

Keywords

  • CO2 Transport and Storage (T&S)
  • UK economics
  • co2 storage

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