Government pledges £22bn for carbon capture and storage technology in net zero drive
- The Government has pledged £22 billion for carbon capture and storage technology, focusing on Merseyside and Teesside. This will create jobs and attract private investment.
- Prime Minister Sir Keir Starmer stated this initiative aims to "reignite our industrial heartlands" and provides 25 years of funding certainty.
- Ms. Reeves noted the technology will generate 4,000 jobs and billions in investment, enhancing growth in Merseyside and Teesside.
51 Articles
51 Articles
£22bn carbon capture pledge can ‘relight fires of renewal’, says Starmer
The Government intends the funding to be used for two ‘carbon capture clusters’ in Merseyside and Teesside. Sir Keir Starmer said he wants to “relight the fires of renewal” in areas hit hard by deindustrialisation, as he pledged £22 billion for carbon capture and storage projects. The Prime Minister added the Government’s focus on renewable energy is aimed at trying to keep bills “down for good” by improving the UK’s energy security. His remark…
Labour Commits £22bn to Carbon Capture and Storage Projects in Move that Unites Sceptics and Alarmists in Condemnation – The Daily Sceptic
The Government has pledged nearly £22bn for carbon capture and storage projects in a move that has united sceptics and alarmists in condemnation of the expensive and unproven technology. The post Labour Commits £22bn to Carbon Capture and Storage Projects in Move that Unites Sceptics and Alarmists in Condemnation appeared first on The Daily Sceptic.
UK’s Starmer hails ‘landmark’ carbon capture funding
Prime Minister Keir Starmer on Friday said planned government investments of nearly £22 billion ($28.8 billion) in the capture and storage of carbon emissions marked a "landmark week" for Britain. Starmer announced the £21.7 billion investment over 25 years to support three carbon capture projects in Teesside and Merseyside in northern England. "It is a
WATCH IN FULL: Keir Starmer announces £22 Billion to be spent on Carbon Capture Scheme
Prime Minister Keir Starmer launched a Carbon Capture Scheme today at a press conference. The PM pledged nearly £22billion in funding for carbon capture and storage (CCS) projects in Merseyside and Teesside.Starmer told the media: "We are the first industrial nation. That’s who we are as a country. "It’s our story. A source of pride that this country, our country, communities like here, changed the world. And that what is made here matters."You …
Britain promises up to 21.7 billion pounds for cleaner energy
Britain will provide funding of up to 21.7 billion pounds ($28.46 billion) over 25 years to develop carbon capture and storage (CCS) and hydrogen technology in northern England, the government said on Friday.Britain has a climate target to reach net
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