Photo: Illustration; Source: Offshore Energies UK (OEUK)
Home Fossil Energy What is being said about UK’s £20 bln funding for carbon capture and storage projects?
PremiumIllustration; Source: Offshore Energies UK (OEUK)
March 16, 2023,
by
Melisa Cavcic
As part of the UK’s 2023 Spring Budget, £20 billion (nearly $24.2 billion) funding has been unveiled to scale up carbon capture and storage (CCS) projects. The energy industry sees this funding as a way to speed up decarbonisation across the UK and step up the shift towards renewables.
Popular
Features
Pay monthly
Monthly cancellable
Weekly premium update in your mailbox
Popular
Features
Pay monthly
Monthly cancellable
Weekly premium update in your mailbox
Checking permission…
Advertisement
The post What is being said about UK’s £20 bln funding for carbon capture and storage projects? appeared first on Energy News Beat.