Mr. Brendan Murphy:

It will come down to those sort of decisions. With trading off, in particular, there is a cost issue. To be fair, the field Equinor is developing in Norway is supported by the Norwegian Government. That could be a very cheap means of storing CO2. The big element of carbon capture and storage is not the storage of the gas but the capture of the CO2. One has that cost either way, so it might not be a key component.

The other point is that if one decides to export it, one is not left with residual risk, which is one of the big issues for CCS. In an answer to Deputy Bríd Smith earlier question, one of the main reasons is the legacy risk of CO2 escaping the field, even though all the science shows that would be extremely remote. There is obviously still a legacy risk in that regard. The question is whether the country would be happy with that risk being on its balance sheet.