Our reserves of oil in the North Sea may be running out, but we could stand to earn up to £4bn a year from the region nevertheless, says the Sunday Times. A new report by scientists at Edinburgh University has found that layers of rock under parts of the seabed owned by Britain are better suited to Carbon Capture and sequestration (CCS) than those of any other northern European country. The majority of the rock is sandstone, which is porous and so could absorb large amounts of liquefied CO2 but it is capped by impermeable mudstone, which would prevent the gas from bubbling out. With taxes on CO2 emissions rising steadily, demand is likely to grow for suitable CCS sites - a situation which Britain will be well-placed to exploit.
SCCT Editor comment. - This CCS is the subject matter of our SCCT CCS presentation. |
