The UK’s £21.7 Billion Carbon Capture Gamble

Barchart · 10/16 15:02
The government confirmed this month the funding for the UK’s first carbon capture sites. The technology, it is claimed, captures CO2 emissions before they reach the atmosphere and stores them away safely. Based on Merseyside and Teesside, the project will have almost miraculous powers. It will create 4,000 jobs directly, as many as 50,000 in total, and will help “turbocharge” the low carbon hydrogen sector by paving the way for the UK’s first large-scale hydrogen production plant. If it really can do all of these things,…