Managing CCS liabilities should not slow project development

Investors should not be put off by technology risks, says first ever report on sector’s key liabilities

No, they should be put off by the fact CCS is an incredibly stupid thing to do.

The potential financial risk associated with leaking gas from carbon capture and storage (CCS) projects should not hamper investment in the technology, according to a new study.

Concerns over the “liability” arising from CCS projects is often cited as an important barrier to its widespread implementation, which the International Energy Agency (IEA) estimates could account for nearly a fifth of the emissions reductions required to cut GHG emissions from energy use in half by 2050.

businessGreen

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