The importance of the region when it comes to decarbonisation cannot be underplayed, as the Energy Efficiency Minister found during a visit to the Port of Immingham recently.
The Government was told that it will not reach its net zero by 2050 target without investing in carbon capture and storage facilities in the Humber. Energy firms in the region stand ready to cut emissions from the UK’s largest industrial cluster by 80 per cent while creating tens of thousands of jobs, as part of the Humber 2030 scheme. But with any nascent technology, governmental support is needed to get it off the ground and that is the case with carbon capture and storage.
And it emits more carbon dioxide than any other industrial cluster in the country. That is why the region’s industries need to be better equipped to decarbonise. The will is certainly there but the Government support is lacking. Harnessing the net zero capabilities present here would also benefit the rest of the country. Lord Martin Callanan, during his visit, was told investors are prepared to pump £15bn into decarbonisation projects if they receive government backing.
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