Starmer pledges £22bn for carbon capture
Carbon Capture, Storage And Transformation Is Still A Popular Funding Theme
So far this year, startups with business models tied to carbon capture, storage and transformation have closed on nearly $1.2 billion in equity and debt financing, per Crunchbase data. That puts 2024 on track for the second-highest annual tally in five years.
Government pledges £22bn for carbon capture and storage technology in net zero drive
The £22bn funding for carbon capture and storage has been welcomed as a lifeline for some industry jobs. The expensive technology is regarded as critical to reaching UK climate targets, but green groups warn the wrong use risks prolonging dependence on fossil fuels.
Nearly £22bn pledged for carbon capture projects
The government has pledged nearly £22bn for projects to capture and store carbon emissions from energy, industry and hydrogen production. It said the funding for two "carbon capture clusters" on Merseyside and Teesside, promised over the next 25 years, would create thousands of jobs, attract private investment and help the UK meet climate goals.
Untested £22bn carbon capture scheme really will work this time, insists Starmer
A £22 billion taxpayer-backed carbon capture scheme will be successful despite years of setbacks for the green technology, Sir Keir Starmer has insisted. The Prime Minister announced funding for three projects in northern England that will capture the carbon dioxide emissions from energy production and store them under the sea.
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.
Chancellor's £22bn carbon capture spend highlights investment focus
In addition, she announced a nearly £22bn investment in two major new carbon capture schemes over 25 years. She criticised plans she inherited from the previous government to cut
Prime minister Keir Starmer to invest £22bn in carbon capture and storage
While it's designed to keep carbon out of the atmosphere, campaigners, including Greenpeace, say the initiative will only extend the life of oil and gas production.
£22bn carbon capture pledge can ‘relight fires of renewal’, says Starmer
Starmer - The Government intends the funding to be used for two ‘carbon capture clusters’ in Merseyside and Teesside.
Will carbon capture help the UK tackle climate change?
The UK has favourable geology to store CO2 in the North Sea, as well as a workforce with many of the necessary skills from ...
ADM pauses CO2 injection at carbon capture storage site after finding potential leak
The agribusiness company Archer-Daniels-Midland has paused injection of carbon dioxide at its Illinois carbon capture and ...
E&E2d
What to look for in Interior’s offshore carbon storage rule
The department is assembling a program that would enable companies to store greenhouse gas beneath the ocean floor.
Largest carbon capture project in the U.S. could be in West Texas. Do residents want it?
If approved, the Oxy carbon capture plant will be the largest in Texas. Critics worry the technology is not enough to beat ...
Science Daily11d
Major boost in carbon capture and storage essential to reach 2°C climate target
Large expansion of carbon capture and storage is necessary to fulfill the Paris Climate Agreement. Yet a new study shows that without major efforts, the technology will not expand fast enough to meet ...
Keir Starmer to set out Labour’s carbon capture investment plan in speech – UK politics live
The government has announced plans to commit almost £22bn over 25 years to fund carbon capture and storage. Starmer: the ...
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Government pledges £22bn for carbon capture and storage technology in 'new era' after coal plant closures
The Government has pledged nearly £22 billion to fund projects that capture carbon emissions from polluting plants and store ...
Everything you need to know about carbon capture that could store 200 years of UK's greenhouse gases
Carbon capture and storage could, its backers claim, help slash Britain's greenhouse gas emissions. But what are the props ...