U.K Government Earmarks Funding for CCS Under Green Recovery Plan
22nd July 2020
The Global CCS Institute welcomes the U.K government’s announcement to invest £139 million to scale up the use of carbon capture and storage and drive emission reductions in heavy industry. The announcement is part of a broader green recovery plan, which earmarks a total of £350 million to steer decarbonisation efforts through climate action policies and supportive funding programmes. The investment aligns with the government’s commitment to reach net zero emissions by 2050.
Read the full official release here.