Business Models for Engineered Greenhouse Gas Removals (GGRs) |
Introduction
Greenhouse Gas Removal plays a major role in the Government’s strategy to reach Net-Zero by 2050. Through the Net-Zero Strategy, the government intends to develop markets and incentives for engineered GGR technologies.
As a first step, BEIS is consulting on business models to attract private investments to enable GGR projects to deploy within this decade. Such a scheme is especially advantageous to the AD industry, as providing a revenue support mechanism for negative emissions can encourage more plants to install carbon capture and storage (CCS).
As the ADBA prepares the response to this consultation, we are taking the perspectives of the ADBA members into account.
A summary of the consultation can be found HERE
All answers are strictly confidential and will be stored, protected and processed in line with GDPR requirements. Only WBA analysts will have access to the identifiable data and such data will be destroyed within two years of completion.
WBA's privacy policy can be found here.
As a first step, BEIS is consulting on business models to attract private investments to enable GGR projects to deploy within this decade. Such a scheme is especially advantageous to the AD industry, as providing a revenue support mechanism for negative emissions can encourage more plants to install carbon capture and storage (CCS).
As the ADBA prepares the response to this consultation, we are taking the perspectives of the ADBA members into account.
A summary of the consultation can be found HERE
All answers are strictly confidential and will be stored, protected and processed in line with GDPR requirements. Only WBA analysts will have access to the identifiable data and such data will be destroyed within two years of completion.
WBA's privacy policy can be found here.