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SSE Thermal, Equinor to develop CCS equipped power station in the UK

Sharing details of the project, SSE Thermal and Equinor said they believe the development will stimulate the development of CO2 transport and storage infrastructure across Scotland, into which other energy and industrial emitters can then connect to capture and store emissions also. If the above goes to plan, it will accelerate Scotland’s transition to a net zero economy, whilst safeguarding vital Scottish industries and ensuring a just transition for workers and communities. “Carbon capture storage technology is one of the most exciting and innovative ways that we’re looking to tackle climate change, and today’s announcement marks a significant step towards a greener, more sustainable future for Scotland and the whole UK,” said Annie-Marie Trevelyan, Energy Minister and the UK’s International Champion on Adaptation and Resilience for COP26.

Accountants difference makers in climate change battle

Young leaders in finance and business have a pivotal role to play in helping organisations understand and tackle the climate-related risks and challenges they face, the Minister for Business, Energy and Clean Growth, Anne-Marie Trevelyan has said. Speaking at an event hosted by FinBiz2030, a joint initiative between One Young World and Chartered Accountants Worldwide dedicated to achieving the UN Sustainability Development Goals by 2030, Trevelyan – herself an ICAEW-qualified Chartered Accountant – called on members of the profession to be the “difference makers” to galvanise action among the business community. “Climate change poses risks to companies, financial institutions and individuals alike. The physical and transition risks can have a material impact on the value of companies and their assets,” Trevelyan warned. And as trusted business advisers, it was the role of accountants to help companies understand and communicate the risks and opportunit

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