News
Publish date: February 9, 2014
Written by: Joanna Ciesielska
News
Despite being the sole candidate for the €300 million available, these funds will not be made payable until the UK government guarantees matched funding. In December the UK government announced that it would provide FEED funding over an up to two year programme of engineering, planning and financial work to finalise and de-risk proposals ahead of final investment decisions and moving on to the construction phase (read more here). There has already been much delay in the lead up to the point of this award, which is one of the stages of the UK government’s own €1.2 billion CCS funding competition.
Liberal MEP Chris Davies, who has led work on CCS at the European Parliament, told the UK’s Yorkshire Post that the UK government has nothing to lose by making this support: “The Government has got £250m to gain and absolutely nothing to lose from expressing its firm backing for the White Rose project,” and continued: “The EU rules say that this is needed if the money is to be allocated, but it is not legally binding and the UK could back out at any time if unexpected difficulties are encountered.”
Read more about the White Rose project here.
Recent attacks on Ukraine’s Zaporizhzhia nuclear power plant "mark the beginning of a new and gravely dangerous front of the war," the UN atomic agency's director general said last week.
After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.
In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our main focus lies in identifying the factors that contribute to pollution risks and climate change.