EPISODE · Oct 18, 2024 · 9 MIN
Capturing Carbon, Burning Cash: UK Energy Future
from The Green Bottom Line · host GBL
The UK government has announced funding for launching the country's first carbon capture sites in Teesside and Merseyside. This initiative aims to create thousands of jobs, attract billions in private investment, and help the UK achieve its net zero emissions goal by 2050. Carbon capture technology removes carbon dioxide emissions from the atmosphere and stores them safely beneath the seabed, and the government is investing £21.7 billion over 25 years to support this emerging industry. The government believes this investment will help reignite the UK's industrial heartlands, creating new jobs and economic growth.
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Capturing Carbon, Burning Cash: UK Energy Future
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