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“The potential for the generation of resources from oil and gas reserves remains strong and so does our capacity to store carbon emissions offshore, the largest in the European Union and greater than that of the Netherlands, Germany and Denmark combined. That is the potential that Scotland has in carbon capture technology.
“What is developing is our nearness to exploiting that immense potential in carbon capture. Only last week no fewer than three Scottish CCS demonstration proposals were submitted to the EU New Entrants Reserve, demonstrating again, in this technology, the high level of ambition in Scotland.
“And research published by Scottish Enterprise shows that these demonstrators could add £3 billion in GVA in Scotland, generating 5000 new jobs through the combined construction and operating processes.
“As well as the generation and carbon storage capacity that we have been endowed with by nature, we have an excellent base in science and engineering to ensure we exploit the immense potential of CCS.
“It is essential that the UK's Electricity Market Reform provides a firm basis for CCS investment into the future”.
Please follow the link to access the full statement on Youtube - http://www.youtube.com/watch?v=3U3QfohE0_I&feature=youtu.be
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