POLICY BRIEF: Assessing the role that a CO2 transport and storage sector could play in transitioning away from oil and gas extraction

Summary

Authors:

Antonios Katris
Karen Turner
Hannah Corbett

Centre for Energy Policy, University of Strathclyde.

Assessing the role that a CO2 transport and storage sector could play in transitioning away from oil and gas extraction

March 2024

This brief produced by the Centre for Energy Policy explores the opportunities that could emerge from the transition away and decline of the oil and gas industry and assesses the role that a nascent CO2 transport and storage sector could play in ensuring the continued employment of infrastructure, supply chain and workforces. This will be particularly important in the current context of persistent skills and worker shortages which could hinder industrial decarbonisation efforts and constrain the extent of wider economic gains.

This project was funded by IDRIC (under EPSRC award number: EP/V027050/1). The views and opinions expressed are those of the author(s) only and do not necessarily reflect those of IDRIC. Neither IDRIC nor EPSRC can be held responsible for them.