Yes, but the major problem IS Sulphur...
Put it this way, the CCS proposals I've looked at have included pumping it into former oil wells under the North Sea etc, and has been proposed as a mid term solution.
As a long term solution at the moment the awnser is Nuclear and Offshore wind (It's in some of my IET Journals that a consortium is working on and it will be functioning in the mid term, but major HVDC infrastructure is needed to make it work, in 20 or so years)
Nuclear has a turnover time of 20 years, as does this offshore wind stuff..
If you want to reduce emissions in the Mid Term 5 - 10 years, you need to look at Load levelling and burning cleaner fuels, load leveling would mean that the CCGT and Coal stations wouldn't need to start and stop all the time and the OCGT and OC Coal plants would be able to cope with the remainder of the load profile.
To balance this we need to look into running plant overnight, but I'm thinking major manufacturing plant, such as Hydrogen generating plant, as this isn't too hard to start and stop, plugging this in and only running it at night to level out the load profile would mean that a major nuclear and wind backbone would be workable, with OCGT and High Ramp CCGT plant (possibly using the produced hydrogen) picking up the slack and load profile.
Hydroelectric dams would work for profile storage too, but we don't have enough.
Either way, it's cleaner to use OHLE... Especially if it's combined with a good strategy for better load generation profile.