Carbon capture and storage (CCS) [credit: cnet.com]
Aren’t they in effect spelling out why the target is unachievable, not to say ridiculous? Whichever way you look at it – cost, feasibility, technology, benefits (lack of?) etc. – it has failure written all over it.
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Britain’s goal of achieving net zero emissions by mid-century is achievable but immediate action is needed across a range of technologies including carbon capture and storage (CCS), electricity grid operator National Grid said.
Last year Britain became the first major economy to pass a law to bring all greenhouse gas emissions to net zero by 2050, compared with its previous target of at least an 80% reduction from 1990 levels, says yahoo!finance.
“Reaching net zero carbon emissions by 2050 is achievable. However, it requires immediate action across all key technologies and policy areas, and full engagement across society and end consumers,” National Grid said in its annual Future Energy Scenarios report.
“Hydrogen and carbon capture and storage must be deployed for net zero,” it added. “Industrial-scale demonstration projects need to be operational this decade.”
Hydrogen as a fuel has been gaining traction but the number of projects using “green” hydrogen – made from renewable energy – are quite few and costly.
CCS – which traps emissions and buries them underground – is also not at the commercialisation stage.
Last month, Norwegian oil firm Equinor said it planned to build a plant in Britain to produce hydrogen from natural gas in combination with CCS.
Full article here.