New Forest East MP, Julian Lewis, has posted to his website today (3rd October 2024) that he’s been told ExxonMobil has abandoned its controversial scheme to build the Solent CO2 pipeline from Fawley Refinery across either the Isle of Wight or the New Forest.
His website states:
The company has decided that, in the absence of any long-term, stable Government plan, the £5 billion investment involved is currently uncompetitive.
Sir Julian commented,
“This will come as a great relief to numerous constituents in the Forest and on the Island.
“I commend ExxonMobil both for its willingness to think again and its assurances that its valued and vital contribution to the local economy will continue, despite this reluctant but welcome change of course.”
Exxonmobil: We sincerely appreciate the valuable feedback and participation
A spokesperson for Exxonmobil told OnTheWight,
“Due to lack of policy certainty and timelines, we will not proceed with appraisal of CO2 storage opportunities in the English Channel at this time.
“We remain committed to reducing emissions and progressing large-scale emission reduction projects when there is supportive policy in place.
“We sincerely appreciate the valuable feedback and participation from communities and stakeholders during the Solent CO2 pipeline consultation process.”
Quigley: We don’t roll over easily
Isle of Wight West MP, Richard Quigley, told OnTheWight,
“This is good news for the Isle of Wight and Hampshire, it’s also testament to the communities that pulled together to oppose the pipeline.
“The Island may seem insignificant to ExxonMobil , but we don’t roll over easily. The proposal was only ever for the benefit of Exxon. The Island will be very pleased it isn’t going ahead”
Huge opposition
There has been huge opposition to the plans, which would have seen a pipeline corridor from North to West or North to South.
An online petition, opposing the proposed pipeline attracted more than 32,000 signatures.
Article edit
10.45pm 3rd Oct 2024 – EM and RQ comment added