SaskPower in Canada has already kicked off carbon capture, but the greatest promise lies in Britain
by Ambrose Evans-Pritchard
Renaissance beckons for the once great industrial hubs of northern England and Scotland, and the unexpected catalyst may be stringent global climate controls.
What looks at first sight like an economic threat could instead play elegantly to Britain’s competitive advantage, for almost no other country on earth is so well-placed to combine energy-intensive manufacturing with carbon capture at a viable cost.
The industrial clusters of the Tees Valley and the Humber are linked by a network of pipelines to depleted and well-mapped oil and gas fields in the North Sea, offering rare access to infrastructure for carbon storage deep underground.