Peterhead

British ministers insist the project remains supported.

Planned near Peterhead, ACORN could store industrial carbon emissions beneath the North Sea.

However, its future financing remains unresolved, raising questions about Scotland's reliance on carbon capture technologies to meet long-term climate targets.

For further information, see the UK Government, the Scottish Government, the Press and Journal, and the Scotsman.

Scotland's flagship Acorn carbon capture project faces renewed uncertainty as Britain reconsiders how to finance the development.

The project, near Peterhead, aims to capture industrial emissions and store carbon dioxide beneath the North Sea.

Although the government previously committed £200 million in development grants, future assistance may instead involve loans or equity investment, subject to approval.

Scottish leaders have criticised the change.

So a tough day for Buckingham Hearts shipping five goals.

The Peterhead-based team still in fourth place in the league, but I'm sure Bob and Pat and everybody associated with Buccaneva will be bitterly disappointed to have lost the game in that manner.

Shipping five goals is something that is unlike Buccaneva, you have to say.

And they'll be looking for a big reaction in their next game.

But what also has happened is that the chancellor chipped away at some of the capital budgets, including the capital budget for the energy department.

And that seems to at least be calling into question projects like the carbon capture and storage project up in Peterhead, which was at one time meant to be at the forefront of the transition towards net zero.

So there are some small moves towards net zero in a very constrained budget, but there are also what appear to be some negatives in what the Treasury have done.

Kez, how do you read the politics of all of this? Because it's clearly a very challenging fiscal and economic context and indeed global security context.

Budget 2026 offered an insight into John Healey's thinking on the energy sector, but opened a rift of chaos up in Peterhead around the CCS Acorn project.

Hang on for a special report from reporter Ryan Duff on how fat can offshore workers be before it becomes a risk to safety.

My name is Erikka Askeland.

But first, honestly, I'm so blown away a little bit by what appeared to be one of the most real life examples of the comedy satire in the thick of it actually becoming reality in government announcement of issues around the budget yesterday.

And it all started when I was looking at the reaction to what John Healy, of course, had not said in his budget presentations, but which, of course, emerged when you start actually reading the detail of the lines that are allocated to various budget and what they're saying about it.

And of course, it became quite apparent that the Acorn CCS project in Peterhead, which has always been the unfavoured, unlucky bridesmaid, never a bride, CCS project in the UK, once again seemed to be getting short shrift.

Because, you know, the budget lines that had suggested that we're going to be supporting CCS project included regions, such as the northwest of England, which of course is where HiNet is involved.

and the Humber and Teesside, where we see the Northern Endurance Partnership.