TelestackGeneva DryVan AalstPort of South LouisianaPort of StocktonCimbria
  • Bühler GmbH
  • TBA Group
  • Sailors Society
  • Van Aalst
  • Port of South Louisiana
  • Telestack

Taskforce urges action to deliver CCUS

(Posted on 02/08/18)

A new report to the UK Government says carbon capture utilisation and storage (CCUS) has a key role to play in decarbonising the country and unlocking major economic, social and environmental benefits.

The report, Delivering Clean Growth: CCUS Cost Challenge Taskforce Report, makes a series of recommendations towards lowering the cost of CCUS deployment from the mid-2020s onwards.

The report responds to the UK Government’s commitments put forward in the Clean Growth Strategy to reach emission reduction targets through deployment of CCUS technology.

UK Minister of State for Energy and Clean Growth, the Rt Hon Claire Perry, says in the Report: “There is a genuine opportunity for the UK to become a global technology leader for CCUS, working internationally with industry and governments to drive down the cost of deployment.”

The report, resulting from extensive consultation between leading industry and academic experts, finds that widespread CCUS deployment will help to decarbonise the electricity, gas and industrial sectors, in addition to enabling the creation of new economies like hydrogen.

It recognises that CCUS will allow UK industries to remain competitive, retaining and creating high-value jobs at the same time as unleashing new industries and low carbon products.

It also finds that creating strategic industrial “hubs and clusters” for the first wave of CCUS projects will help drive CCUS costs down.

The report echoes recommendations given by the UK Committee on Climate Change on the pressing need to deploy CCUS at scale to achieve the 2050 targets with at least two CCUS clusters operational from the mid-2020s. It also follows a report by University College London (UCL) commissioned by the Global CCS Institute which made the case for CCS as a key part of an overall decarbonisation strategy.

In its recommendations, the Taskforce emphasises the urgency of investing in CCUS immediately given deployment timescales. This investment will give the UK the opportunity to become a global leader in this field.

The world authority on CCS, the Global CCS Institute, says the Report recognises the importance of CCUS as a unique technology in decarbonising industry and creating new energy economies.

Latest News

Bunge and Bangkok Produce Merchandising expand soy supply partnership

(Posted on 22/09/25)

Bunge and Bangkok Produce Merchandising Public Company Limited, a subsidiary of Charoen Pokphand Group... Read more


NGFA applauds Senate confirmation of USDA Under Secretaries

(Posted on 22/09/25)

The National Grain and Feed Association (NGFA) has commended the U.S. Senate for confirming three key... Read more


Agreement secures long-term bulk logistics capacity for South African miner

(Posted on 14/09/25)

Transnet SOC Ltd and Tshipi é Ntle Manganese Mining (Pty) Ltd have concluded a milestone 10-year... Read more


Bühler appoints Mike Häfeli as the new CEO of Grains and Food business

(Posted on 14/09/25)

Bühler Group has announced a key leadership transition within its Grains & Food business. After... Read more


ADM increases export capacity with expanded Windsor, Ontario grain terminal

(Posted on 09/09/25)

ADM Agri-Industries in Windsor has celebrated the opening of its expanded grain terminal at the Port... Read more


Anglo American and Teck to combine to form global critical minerals champion

(Posted on 09/09/25)

Anglo American plc and Teck Resources Limited have announced that they have reached an agreement to... Read more


Ag leaders urge Senate to confirm Dr. Julie Callahan as Chief Negotiator

(Posted on 09/09/25)

The National Grain and Feed Association (NGFA), joined by 89 agricultural organizations, has voiced... Read more


Rio Tinto streamlines to unlock additional shareholder value

(Posted on 01/09/25)

Rio Tinto has announced a new operating model and executive team to shape the company’s next chapter... Read more


Government of Canada disappoints Canadian steel producers

(Posted on 01/09/25)

Catherine Cobden, President and CEO of the Canadian Steel Producers Association (CSPA), has released... Read more


BHP’s record operational performance delivers resilient returns and growth

(Posted on 25/08/25)

BHP have released financial results for the full year ended 30 June 2025.BHP Chief Executive Officer... Read more


TOC Africa 2025Sailors SocietyViganTBA GroupTOC Americas 2025Bühler GmbH
  • Vigan
  • TOC Americas 2025
  • Geneva Dry

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping