Live Breaking News & Updates on Carbon capture and storage project

Transcripts for BBCNEWS BBC News Now 20240604 11:01:00

To stop that co2 from being released into the atmosphere, either by re using it, or storing it underground. take this gas fired power station, for example. as the natural gas is burned to generate power, the carbon dioxide is separated out from it. it s then diverted via another pipeline and stored underground. if the acorn project it is given the go ahead, waste c02 will be piped from central scotland here to st fergus using old pipelines. refineries at mossmoran and grangemouth, as well as a new power station at peterhead, have already signed up. and experts and policy makers say the technology is vital to meeting net zero climate targets. bbc scotland reporter ben philip is in aberdeenshire where the acorn carbon capture and storage project is based. hejoins us now. just take us through exactly what has been announced today for that

It , Carbon-dioxide , Power-station , Power , Natural-gas , Example , Atmosphere , Co2 , Pipelines , The-acorn , Pipeline , Central-scotland

Transcripts for BBCNEWS BBC News Now 20240604 11:17:00

Emissions rather than shipping it here from halfway around the country. that is why we have got more north sea oil and gas licences being announced. but we are also speeding on our security, betterfor jobs and better for climate emissions rather than shipping it here from halfway around the country. that is why we have got more north sea oil and gas licences being announced. but we are also speeding and i would have to net zero with carbon capture and storage. two new clusters announced today here the jobs and opportunities that it will create. how do you square those two things that? in announcing these new licences, and you just extending the fossil fuel industry and backing your net zero budget of the same time? it your net zero budget of the same time? , . , your net zero budget of the same time? , ., , ., your net zero budget of the same time? , . , ,., . ., time? it is really important for eve one time? it is really important for everyone to time? it is really important for everyone to recognise - time? it is really important for everyone to recognise that - time? it is really important for. everyone to recognise that even time? it is really important for - everyone to recognise that even in 2050 when we are at net zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. that is why technology like carbon capture and storage is important. but what is important is that we get that oil and gas in the best possible way. that means getting it from here at home, betterfor our that means getting it from here at home, better for our energy security, not reliant on foreign dictators, betterforjobs, for

Gas , Jobs , Country , Oil , Licences , North-sea , Security , Climate-emissions , Betterfor , Carbon-capture-and-storage-project , Things , Clusters

Transcripts for BBCNEWS BBC News Now 20240604 11:19:00

Within the ground. we are very lucky in britain that we are poised to lead the world in this new technology and industry because of our expertise. the skills of the incredible people working here. the infrastructure that you see behind me, the pipelines going out and then the north sea, whether geology is perfect for sequestering and storing this cabin. everyone should be a excited about the prospect of is leading the world in transitioning to net zero and strengthening our energy security. that is the right balance and that is what i m delivering a spry minister. many eole delivering a spry minister. many people see delivering a spry minister. many people see in delivering a spry minister. many people see in this delivering a spry minister. many people see in this area - delivering a spry minister. many people see in this area that - delivering a spry minister. many people see in this area that we i delivering a spry minister. many people see in this area that we have beenin people see in this area that we have been in this area before? can you confirm with this announcement today that the scheme he had sent fergus will actually be operational and will actually be operational and will go ahead? it is will actually be operational and will go ahead? will go ahead? it is incredibly excitina will go ahead? it is incredibly exciting news will go ahead? it is incredibly exciting news for will go ahead? it is incredibly exciting news for the - will go ahead? it is incredibly exciting news for the aircon l will go ahead? it is incredibly - exciting news for the aircon cluster here in aberdeenshire. as well as the clusters we have around the uk. this is businesses and industry coming together and are now being able to talk to government formally about how they plan to deliver carbon capture and storage. so that collectively, we can strengthen our energy security but also transition to net zero, but importantly, lead

Uk , People , Technology , World , Pipelines , Industry , North-sea , Infrastructure , Ground , Expertise , Geology , Skills

Transcripts for BBCNEWS BBC News Now 20240604 11:16:00

Their inquiry but also make sure that the people are safe, especially at a time when at the election is approaching and i will be more political activity across the country. it political activity across the count . , , ., ., ., ., country. it must be a huge amount of concern now country. it must be a huge amount of concern now as country. it must be a huge amount of concern now as the country. it must be a huge amount of concern now as the elections - concern now as the elections approach. thank you very much for joining us from islamabad. let s bring you more now on our top story. its bait to be in scotland. this will speed is on our way to net zero with carbon capture and storage. when it comes to our energy security, we are still going to need oil and gas. 25% of our energy will come from oil and gas even in 2050. far better that we get that from here at home, better for the economy, for our security, better for jobs and economy, for our security, better forjobs and better for climate

Country , People , Amount , Concern , Election , Activity , Count , Countries , Elections , Inquiry , Safe , Us

Transcripts for BBCNEWS BBC News Now 20240604 11:18:00

Example 100,000 supported here in scotland, but also betterfor the climate, because if we are going to need it, far better to have it here at home rather than shipping it here from halfway around the world with two or three to four times the amount of carbon emissions versus the oil and gas that we have here at home. it is entirely consistent with our plans to get to net zero. carbon ca ture our plans to get to net zero. carbon capture plans our plans to get to net zero. carbon capture plans like our plans to get to net zero. carbon capture plans like these our plans to get to net zero. carbon capture plans like these they - our plans to get to net zero. carbon capture plans like these they will. capture plans like these they will be doing no more near enough to offset the scale of emissions if you appraise or approve of rosebank. can you approve set confined to be to be going ahead with it? licences decisions are made in the normal way that i would say that it is entirely consistent in transferring to net zero. we are auoin to transferring to net zero. we are going to need transferring to net zero. we are going to need it transferring to net zero. we are going to need it for transferring to net zero. we are going to need it for decades, i transferring to net zero. we are j going to need it for decades, so transferring to net zero. we are l going to need it for decades, so it is far betterfor our going to need it for decades, so it is far better for our economy, for jobs, far better that we get it from here than shipping it from halfway around the world. carbon capture and storage is a fantastic new technology that will help us transition to net zero. it means we can take carbon from industrial processes and then sequestrated

It , Scotland-s , Climate , Example , Times , Halfway-around-the-world , Two , Three , 100000 , Four , Gas , Plans