BUSINESS leaders in the Humber are calling on the Chancellor to commit to investing in the Zero Carbon Humber project.

The Humber is the largest industrial cluster and the most carbon intensive region in the UK, and the project will help the UK take a leading role in developing clean technologies.

The TUC General Secretary Frances O’Grady, Northern Powerhouse Partnership Director Henri Murison and Humber LEP Chairman Lord Haskins of Skidby say in a letter to the Chancellor that time is running out to develop carbon capture and storage projects at scale.

“To win this race, we must be prepared to invest in new, ambitious opportunities like Zero Carbon Humber,” the letter says. “Projects like this match the government’s ambitions both on decarbonisation, and on levelling up regions across the nation. By working alongside the proposed Teesside cluster this opportunity could be maximised further.”

Carbon capture and storage technology provides the opportunity to businesses across the Humber to save £27.5 billion in carbon taxes by 2040, protect 55,000 existing jobs and support tens of thousands of new jobs, the letter adds.