US EditionChampagne Pops Cork for Fresh Support of 'Low-Carbon' LNG and Carbon Capture
3 Articles
3 Articles
Champagne pops cork for fresh support of 'low-carbon' LNG and carbon capture
Spring Economic Update’s sweetened tax deals for LNG and oil and gas projects with carbon capture show the government is 'very committed' to 2050 Paris emissions reduction targets, said Finance Minister.
The UK’s huge subsidies for a planned carbon capture and storage gas power plant (CCS) should serve as a warning for EU countries considering similar projects, according to new research by the Institute for Energy Economy and Financial Analysis (IEEFA). Related:United Kingdom will invest 26 billion in carbon capture over the next 25 yearsPay the consumer The UK has allocated £23 billion in subsidies to Net Zero Teesside, which aims to be the wor…
Why EU countries should avoid carbon capture for gas power plants
Why EU countries should avoid carbon capture for gas power plants srussi.ieefa Wed, 04/29/2026 - 04:45 Briefing Note Carbon Capture and Storage Natural Gas Power & Utilities European Union (EU 27) Europe pexels-marek-piwnicki-3907296-12214816.jpg Andrew Reid Andrew Reid is a partner at NorthStone Advisers and a guest contributor at IEEFA Europe, providing research and editorial support to offshore related topics and reports. Go to Profile I…
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