Rishi Sunak to announce multi-million pound carbon capture funding in Scotland

Rishi Sunak to announce multi-million pound carbon capture funding in Scotland tomorrow  Daily Record

Rishi Sunak to announce multi-million pound carbon capture funding in Scotland

Rishi Sunak to announce multi-million pound carbon capture funding in Scotland

Rishi Sunak to Announce Funding for Carbon Capture Project in Scotland

Rishi Sunak is set to announce millions of pounds of funding for a carbon capture project in Scotland, according to reports.

Details of the Acorn Project Funding

The Prime Minister will unveil new funding for the Acorn project during his visit to Aberdeenshire on Monday. The project aims to capture carbon dioxide emissions and transport them to the North Sea for permanent storage underground. It is believed that the project could create up to 21,000 jobs.

Contributing to Sustainable Development Goals

The Acorn project aligns with the Sustainable Development Goals (SDGs) by addressing climate change and helping the country move towards net zero emissions.

Importance of Carbon Capture

Supporters of carbon capture argue that it is crucial for the UK to achieve its net zero ambitions while still utilizing oil and gas resources.

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The SNP has a presumption against new exploration of oil and gas, but First Minister Humza Yousaf expressed support for the Acorn project during a visit to St Fergus Gas terminal earlier this month. Labour also supports the technology, although party leader Keir Starmer has stated that no more oil and gas licenses will be issued if the party comes to power.

A source stated, “This is a significant development for Scotland and will highlight clear differences with the SNP and Labour, demonstrating that we are the party that will create the jobs of tomorrow.”

The Acorn project plans to utilize existing pipelines to transport greenhouse gases, including those from the Ineos oil refinery in Grangemouth. The project previously missed out on UK Government funding in 2021 after funding was allocated to two sites in England.

Scottish Politics

Stephen Flynn, SNP Westminster leader and MP for Aberdeen South, commented, “The SNP has been at the forefront of demanding investment in carbon capture and storage in the north east for decades. While any investment is welcome, the UK government has previously failed to deliver on its promises, putting Scotland’s green energy future at risk. This cannot happen again. Scotland’s green energy potential must be seized without further broken promises or delays. With full independence, Scotland can chart its own path and fully capitalize on our ambitious green future. We have the energy; we just need the power.”

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SDGs, Targets, and Indicators

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 7: Affordable and Clean Energy
  • SDG 9: Industry, Innovation, and Infrastructure
  • SDG 13: Climate Action
  • SDG 17: Partnerships for the Goals

2. What specific targets under those SDGs can be identified based on the article’s content?

  • SDG 7.2: Increase substantially the share of renewable energy in the global energy mix.
  • SDG 9.4: Upgrade infrastructure and retrofit industries to make them sustainable.
  • SDG 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters.
  • SDG 17.17: Encourage and promote effective public, public-private, and civil society partnerships.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

The article does not explicitly mention any indicators for measuring progress towards the identified targets. However, potential indicators could include:

  • Percentage increase in renewable energy share in Scotland’s energy mix.
  • Investment in infrastructure upgrades and sustainability measures.
  • Reduction in carbon dioxide emissions through carbon capture and storage.
  • Number of jobs created in the renewable energy sector.

Table: SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 7: Affordable and Clean Energy 7.2: Increase substantially the share of renewable energy in the global energy mix. – Percentage increase in renewable energy share in Scotland’s energy mix.
SDG 9: Industry, Innovation, and Infrastructure 9.4: Upgrade infrastructure and retrofit industries to make them sustainable. – Investment in infrastructure upgrades and sustainability measures.
SDG 13: Climate Action 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters. – Reduction in carbon dioxide emissions through carbon capture and storage.
SDG 17: Partnerships for the Goals 17.17: Encourage and promote effective public, public-private, and civil society partnerships. – Number of jobs created in the renewable energy sector.

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: dailyrecord.co.uk

 

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