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Update to this TINA will be considered in our next phase of analysis:

Direct emissions from UK Industries were responsible for approximately 25% of UK greenhouse gas emissions in 2008 and just under 20% of final energy consumed in the UK. Emissions abatement opportunities in UK industries offer tremendous potential to generate energy, save carbon and reduce cost of operations. The abatement potential in the key emitting industries in the UK is in the range of 270-500Mtonnes with cost savings of £17-32bn  to 2050. Innovation is critical to enable deployment and reduce cost as the technology commercialises.

Public sector support for innovation is necessary to maintain UK industrial presence and competitiveness in the global market. Innovation will also boost the UK’s share of global market demand and generate additional business value from these technologies. A number of potential public sector interventions have been identified based on value of emissions abatement, extent of market failure and opportunity to rely on others for innovation.


 

Related document

Industrial sector TINA