Government commits £22bn to carbon capture and storage projects

Mark Moran
04 October 2024
 

The UK government has reached commercial agreement to fund two carbon capture sites in the North West and North East of England.

CCUS technology aims to remove CO2 emissions before it reaches the atmosphere and stores it safely beneath the seabed. The Government says that the technology has been tried and tested and has been deployed across the globe for over 20 years.

Up to £21.7bn will subsidise three projects on Teesside and Merseyside to support the...

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