Treasury written question – answered at on 19 December 2011.
To ask the Chancellor of the Exchequer what assessment he has made of the economic effect over the period to 2030 of a delay in the carbon capture storage programme until (a) 2016, (b) 2017, (c) 2018, (d) 2019 and (e) 2020 in (i) each region of England, (ii) Scotland, (iii) Wales and (iv) Northern Ireland.
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http://www.decc.gov.uk/en/content/cms/tackling/carbon_plan/carbon_plan.aspx
The scenarios modelled in this plan show that by 2030 new nuclear could contribute 10 to 15 GW, with up to 20 GW achievable if build rates are higher; fossil fuel generation with CCS could contribute as much as 10 GW; and renewable electricity could deliver anywhere between 35 and 5 GW—depending on assumptions about costs and build rates. However, it is too early to predict which will be the most cost-effective decarbonisation route for the power sector.
The CCS programme is currently being designed and will be launched as soon as possible. It will only be possible to determine the regional impact of the CCS programme once the selection process for new projects has been completed and the location of projects is known.
Yes1 person thinks so
No0 people think not
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