Britain could earn billions of pounds a year and sustain tens of thousands of jobs by selling space deep under the North Sea for storing carbon dioxide captured from power station emissions, geologists told the British Science Festival yesterday.
"Carbon capture and storage [CCS] could be an industry the size of North Sea oil," said Mike Stephenson of the British Geological Survey. "In Britain we're lucky in being close to one of the largest areas of potential storage for CO 2 in Europe."
