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UK to join President Biden's Carbon Management Challenge

Published on: 18 May 2023
Published by LNB News

LNB News 18/05/2023

Document Information

Issue Date: 18 May 2023

Published Date: 18 May 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Department for Energy Security and Nero Zero (DESNZ) has announced that the UK will join US President, Joe Biden’s, Carbon Management Challenge to remove and store CO2. The UK has one of the largest carbon storage potentials, including under the North Sea, of any country in the world, with capacity to hold up to 78 billion tonnes of carbon. This aims to create a new industry and boost the UK's economy. The Energy Security Minister, Grant Shapps, has commenced a visit to the US to meet senior members of the Biden administration, including US Energy Secretary, Jennifer Granholm.

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