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Commit to CCS and fund it under RAB, says Committee

Carbon capture and storage (CCS) is a key tool for decarbonisation and the government should consult on new funding models to support it, including a ‘regulated asset base’ model. That was the conclusion of ‘Third time lucky?‘ a new report from the Select Committee on Business, Energy and Industrial Strategy, which said that CCS was necessary if the UK were to credibly adopt a ‘net zero emissions’ target.

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