There is a “massive opportunity” for the Grangemouth industrial cluster after the oil refinery there closes next year, the Scottish Government’s acting Net Zero Secretary has said.
Securing the future of the Grangemouth refinery is “one of the greatest tests the just transition process will ever face”, a union has said ahead of a march calling for its lifespan to be extended.
The project partners of the Acorn CCS development, selected today for Track 2 of the UK Government’s £1bn funding competition, have hailed it as a “defining milestone”.
Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to a technology that captures and removes greenhouse gas emissions so they can be buried.
