A clash between two multibillion pound “net zero carbon” schemes is brewing in the North Sea after the Queen’s property manager granted development rights for one patch of seabed to two different projects at the same time. The crown estate will earn millions of pounds after agreeing to lease an area off the Yorkshire coast to the latest phase of the giant Hornsea offshore windfarm, as well as to a scheme led by BP which plans to begin storing carbon dioxide under the seabed. This has prompted concern that the giant wind turbines could interfere with seabed sensors for the carbon storage project. The carbon capture scheme was granted “fast-track status” by the government as part of the long-awaited net zero strategy it set out earlier this week, meaning developers will need to begin trapping, piping and storing carbon beneath the North Sea from a cluster of nearby factories by the mid-2020s.
Guardian 23rd Oct 2021 read more »