Funding and carbon markets key to lowering CCUS costs, argues industry body

The UK government needs to refine its approach to funding allocation, accelerate delivery of carbon markets and deploy public finance through GB Energy and the National Wealth Fund, according to a new report from the Carbon Capture and Storage Association (CCSA).

The CCSA is a UK-based industry association for accelerating the commercial deployment of carbon capture, utilisation and storage (CCUS). It represents the interests of companies and organisations seeking to develop commercial-scale CCUS projects.

The three recommendations were cited in the “” report, putting the case for how to bring down costs in the near term.