1 minute read

the lid on carbon capture

Carbon capture and storage (CCS) can accelerate efforts to reduce carbon emissions.

Advertisement

Carbon capture prevents CO2 entering the atmosphere as a result of industrial processes, i.e., burning fossil fuels, oil, gas and coal. It involves separating CO2 from other gases released by industrial processes and transporting it via pipelines, road transport or ships to be stored within rock formations deep underground.

There are 27 CCS projects in the UK but none are in operation.

Carbon capture power plants – power stations equipped with carbon capture technology - form part of the Government’s plans to remove carbon from UK electricity production by 2035.

CCS infrastructure is expensive. Some believe renewables and power storage would be better investments, as none of the Government’s proposed plants claim to capture more than 2m tonnes a year. For guidance on reducing carbon emissions in your organisation, please contact our Client Relationship Managers.

Commenting on the success of the event, Alistair Hayward-Wright said: “We cannot thank all those that attended and our sponsors enough for helping us deliver a great event and for their generosity which has helped us raise a significant amount of money for YoungMinds - an organisation that plays a critical role in supporting children and young people with mental health issues. It was a great day, and we were delighted to see so many businesses from across the region taking part and look forward to building on the success next year at our 2024 event.”

Intergenerational planning is not only about passing assets on to the next generation, but about creating a robust framework that safeguards the wellbeing and success of future generations. Building layers of protection into your intergenerational planning helps to mitigate risks, address uncertainties, and seeks to ensure that your legacy endures.

This article is from: