Carbon capture and storage – a whole new industry?

Will carbon capture and storage be the next big industrial sector for engineering and project management? The government is investing more than ₤1bn – allocated to fund a competition and potentially a new industry. CCS projects capture the carbon dioxide from power plant emissions and store them underground. A similar project was cancelled in October; this time it has different parameters. According to a report on the Guardian website, some sources estimate that the industry could generate more than 100,000 jobs once a company can design “the first workable demonstration project’. Nick Baveystock, of the Institution of Civil Engineers, is quoted as saying "CCS is a long way from being realised in a suitable form and at a competitive price…Government must try and regain lost ground in this area, but it remains to be seen whether this second attempt will be more successful than the first." Learn more about CCS and read the full article at http://www.guardian.co.uk/environment/2012/apr/03/carbon-capture-storage-competition?newsfeed=true