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Draft National Policy Statement for Fossil Fuel Electricity Generating Infrastructure (EN-2)

My noble friend is talking with great learning, but we have here the statement of Professor Stewart Hazseldine, professor of carbon capture and storage and geology at the University of Edinburgh, telling us that carbon capture technology is expensive to deploy, with studies suggesting that it will cost up to £500 million for a single installation at this early stage. My noble friend cited our colleague, the noble Lord, Lord Oxburgh, who is extremely learned on these things. His first and overriding point is that those costs must apply not just to our national carbon capture and storage arrangements but internationally, on a global scale. Otherwise, they will be useless.