LONDON (Reuters) - Britain's National Grid Plc is to drill off the coast of Yorkshire in northern England in an attempt to find a suitable site to store carbon dioxide (CO2) emissions, giving a boost to a technology tipped to help the UK meet its climate targets.
"This drilling operation is a major step forward in the development of a long-term, large-scale CCS (carbon capture and storage) cluster of transportation networks and storage facilities in the UK," Jim Ward, National Grid's head of CCS, said on Wednesday.
The UK has a target to slash greenhouse gas emissions by 80 percent below 1990 levels by 2050 and the government sees CCS, which collects carbon emissions from power generators and stores them underground, as a key component to achieving this goal.
